Portland is a beautiful and populous city in the Pacific Northwest of the United States. It is known for its vast stretches of green space, which range from parks and forests to stunning mountaintops. The state’s major city, Oregon, has a cost of living that is 24% higher than the national average. The cost of living in any area can vary based on factors such as your job, average salary, and the real estate market in that area. A family of four estimated monthly costs are $4,756.60 without rent. A single person’s estimated monthly costs are $1,348.8 without rent. Portland is 15.3% less expensive than New York.
|Items||Cost of one person|
|Total with rent||$2497|
|Rent & Utilities||$1488|
|Monthly salary after tax||$4697|
|Quality of Life||$88K|
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Why Study in Portland
Studying in Portland has many advantages, some of which are listed here.
- Top-notch Universities: Portland is home to a large number of universities, colleges, and educational facilities that concentrate on offering degrees in medicine, healthcare, and the arts. Several universities in the Portland area have been honoured in the U.S. News rankings.
- Cultural Diversity: Given the dynamic, rich culture of Portland, it makes sense that many non-Oregon citizens and international students would want to study in this state. Oregon, the ninth-largest state, is home to more than fifty colleges and institutions, including seven public universities.
- Course Options: The majority of Portland’s universities are comprehensive establishments, with faculties for business, education, engineering, nursing, and graduate studies in addition to the arts and sciences. It is possible to choose from more than 1,300 courses, 18 graduate degrees, more than 40 undergraduate programmes, and 30 minors.
Detailed Breakdown of Cost of Living in Portland
Planning a move to another town, city, or state? The biggest factors in any move are the standard of living and the salary you’ll need to make in order to reach that standard. Here is a detailed breakdown of the cost of living in Portland.
Housing Rent: The cost of housing varies depending on the type of accommodation, but the average cost of housing is around $1633–$2550 per month.
Transportation: The service of public transport is good in Portland, but it is a little bit expensive. The cost of a pass for public transportation is $100.
Groceries: In Portland, the average monthly cost of groceries is $419. This is a little higher than the average for the country.
Healthcare: The average monthly premium for health insurance in Portland is $488. This is a little lower than the average for the country.
Cost of Food
|Meal, Inexpensive Restaurant||$18.00|
|Meal for 2 People, Mid-range Restaurant||$98.50|
|McMeal at McDonald’s||$10.00|
|Water (0.33-liter bottle)||$2.20|
|500 gr (1 lb.) of boneless chicken breast||$6|
|12 eggs, large||$4.86|
|Bread for 2 people for 1 day||$3.45|
Cost of Housing and Utilities
|Apartment (1 bedroom) in City Centre||$1,835.80|
|Apartment (1 bedroom) Outside of Centre||$1,490.90|
|Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment||$283.46|
|Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)||$76.84|
|Mobile Phone Monthly Plan with Calls and 10GB+ Data||$44.50|
|40” flat screen tv||$367|
Cost of Clothes
|1 pair of jeans||$66|
|1 summer dress in a high street store||$49|
|1 pair of sports shoes||$107|
|1 pair of men’s leather business shoes||$128|
Cost of Transportation
|Monthly ticket public transport||$99|
|Taxi trip on a business day, basic tariff, 8 km. (5 miles)||$20|
|One-way Ticket (Local Transport)||$2.50|
|Monthly Pass (Regular Price)||$100.00|
|Gasoline (1 liter)||$1.19|
Cost of Personal Care
|Cold medicine for 6 days||$7|
|1 box of antibiotics (12 doses)||$23|
|Short visit to a private doctor||$177|
|Hair shampoo 2-in-1||$8|
|4 rolls of toilet paper||$6|
|Tube of toothpaste||$2.62|
|Standard men’s haircut||$42|
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Cost of Entertainment
|Basic dinner out for two in a neighborhood pub||$57|
|2 tickets to the movies||$26|
|2 tickets to the theater||$246|
|1 cocktail drink in the downtown club||$14|
|1 month of gym membership in the business district||$70|
Tuition Fee in Portland
The Fee structure of the graduate and post-graduate programs is different in all universities. The average cost of studying is $20,757 for in-state students and $35,877 for out-of-state students.
|Course Level||Average Fee|
|Cost of Undergraduate program||$29,286|
|Cost of Post Graduate Program||$16,854- $22,296|
Things to Consider When Moving to Portland
There are several things to consider while moving to Portland, and we have listed a few reasons for you.
- Housing Shortage: Many residents in Portland struggle with the expense and accessibility of housing. The cost of living in Portland, mainly the rents has been rising continuously for years, and there are few rental vacancies.
- Transport Service: METRO offers bus service across the Greater Portland area and makes convenient stops near museums, stores, restaurants, historic sites, and other attractions that are accessible on foot.
- Climate: Portland experiences moderate summers that are dry and warm and cool, and rainy winters that bring rain but not much snow. Portland’s temperate climate makes it simple to take advantage of the city’s neighbourhoods and outdoor spaces all year long.
- Health/Sports/Technology Opportunities: Government and manufacturing sectors offer steady job markets, and as technology, sports, and health have grown, more professionals have relocated to Portland.
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Ans. Portland’s housing expenses are 62% higher than the national average and the utility prices are 8% lower than the national average. Transportation expenses like bus fares and gas prices are 22% higher than the national average. Portland has grocery prices that are 8% higher than the national average.
Ans. In Portland, you’ll need to earn $140,447 or more to be considered a “rich” person in the top 20% of the city’s more than 645,000 residents. However, the average income of the top 20% is $241,724. The ultra-rich, or the top 5% of earners in Portland, make way more: $411,647 on average, according to the analysis
This is all the information about the cost of living in Portland. Reach out to Leverage Edu for help launching your career at one of Portland’s finest colleges.