Cost of Living in Portland, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.1
100 = national avg
+12.1 vs national average
Living Wage (1 Adult)
$49,342
per year
Living Wage (Family of 4)
$116,627
per year
Cost Index by Category
Housing118.5
Food105.3
Transportation114.3
Healthcare104.3
Utilities106.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,578
per month
2 Bedroom
$1,730
per month
The overall cost of living index in Portland is 112.1, which is 12.1% above the national average. Housing costs are above the national average at an index of 118.5. A single adult needs to earn approximately $49,342 per year to cover basic expenses.