Cost of Living in Portland, CO

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

325.2

100 = national avg

+225.2 vs national average

Living Wage (1 Adult)

$143,090

per year

Living Wage (Family of 4)

$338,214

per year

Cost Index by Category

Housing
366.7
Utilities
180.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,245

per month

2 Bedroom

$1,526

per month

The overall cost of living index in Portland is 325.2, which is 225.2% above the national average. Housing costs are above the national average at an index of 366.7. A single adult needs to earn approximately $143,090 per year to cover basic expenses.