Cost of Living in Portland
Median income in Portland is $60,000/year ($5,000/month). Here is how to budget every dollar.
Average Rent in Portland
$1,300
Studio
$1,600
1 Bedroom
$1,950
2 Bedrooms
Monthly Budget Breakdown: $5,000/month
How to allocate the median Portland income of $60,000/year after taxes.
Housing
$1,600
Food & Groceries
$500
Transportation
$300
Utilities
$180
Healthcare
$250
Entertainment
$300
Personal & Other
$250
Savings
$1,620
Total
$5,000
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Affordable Neighborhoods in Portland
Lents and Foster-Powell in SE Portland offer the best value in the city
St. Johns and Kenton in North Portland have character with moderate rents
Beaverton and Hillsboro in the westside suburbs offer MAX light rail access at lower costs
Money-Saving Tips for Portland
No sales tax in Oregon — everything you buy is cheaper than in neighboring Washington
TriMet monthly pass ($100) covers MAX light rail, buses, and the streetcar
Shop at WinCo Foods (employee-owned, no-frills), Fred Meyer, and Portland farmers markets
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