Portland, OR cost of living
OR · BLS RPP 112.6
Overall RPP
112.6
US = 100
Housing RPP
137.4
Housing component
Goods RPP
103.8
Goods component
2-BR Rent (HUD)
$1,890/mo
FY2024 FMR
What salary do you need in Portland, OR?
Equivalent salary to maintain the same purchasing power as in a US-average city (RPP 100).
| In US-average city | You need in Portland, OR | Formula |
|---|---|---|
| $50,000 | $56,300 | $50,000 x (112.6/100) |
| $75,000 | $84,450 | $75,000 x (112.6/100) |
| $100,000 | $112,600 | $100,000 x (112.6/100) |
| $125,000 | $140,750 | $125,000 x (112.6/100) |
| $150,000 | $168,900 | $150,000 x (112.6/100) |
| $200,000 | $225,200 | $200,000 x (112.6/100) |
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
State income tax note
Oregon income tax 4.75%-9.9%. No state sales tax.
Frequently asked questions
- What is the cost of living in Portland, OR?
- Portland, OR has a BLS Regional Price Parity of 112.6 (US average = 100). It is 12.6% more expensive than the national average.
- What salary do I need to live in Portland, OR?
- If you earn $100,000 in a US-average city (RPP 100), you would need approximately $112,600 in Portland, OR to maintain the same purchasing power.
- What is the average rent in Portland, OR?
- The HUD Fair Market Rent for a 2-bedroom in Portland, OR is approximately $1,890 per month as of FY2024.
Compare with other cities
Buying a home in Portland, OR? See closing costs at TallyClose.