Cost of Living in Portland, OR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
156.3
100 = national avg
+56.3 vs national average
Living Wage (1 Adult)
$68,755
per year
Living Wage (Family of 4)
$162,511
per year
Cost Index by Category
Housing221.9
Food117.9
Transportation104.0
Healthcare114.3
Utilities135.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,677
per month
2 Bedroom
$1,922
per month
The overall cost of living index in Portland is 156.3, which is 56.3% above the national average. Housing costs are above the national average at an index of 221.9. A single adult needs to earn approximately $68,755 per year to cover basic expenses.