Before you get dead set on moving somewhere and send out save-the-dates for your Bon Voyage party, make sure you can take care of the Four Walls and maintain your standard of living in the city you’re considering. Portland is Maine's economic center, with an economy that relies on the service sector and tourism. Summary about cost of living in Portland, OR, United States: Family of four estimated monthly costs are 3,656.34$ without rent (using our estimator). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague. Portland, Oregon’s cost of living is 29% higher than the national average. The formula for a winning company culture. If you're considering moving to another town or city you may be wondering what salary you'd need to maintain your standard of living in the new location. Average living expenses are significantly higher compared to other cities, especially in the housing market. In Portland,ME, my friend pays $2642 for a large 2 bedroom apartment. Institutional Scholarships; Institutional Grants; Federal + State Grants; Outside Scholarships; Loans. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Cost of an Outdoor Addition. If they are old enough to understand, include the children in making plans for the move. Cost-of-living calculator: How does Oregon compare with the rest of the country? Cost of living in portland… Portland's average living expenses are higher than the national average. Stop guessing. Compare the cost of living in two cities using the CNNMoney Cost of Living calculator. Portland, ME area prices were up 1.6% from a year ago. Improve your chances of receiving a raise when you ask. Source: Wikipedia (as of 04/11/2019). The average cost of internet access in the U.S. is $66.20 per month. I've been living in SF since 2014 and I have to say Cost of Living is misrepresented. Compare the Cost of Living in Portland, Oregon against another US Cities and States. Resale Value: $12,500-$21,000. Twitter Share. Healthcare in Portland is 7% higher than the national average. The assumption is the sole provider is working full-time (2080 hours per year). The cost of living for expatriates in Portland OR as at July 2020 is high in comparison to other places in the world, with an overall Cost of Living Index (COLI), … Do you know what people like you are earning? This data represents changes in prices of all goods and services purchased for consumption by urban households. Portland's housing expenses are 79% higher than the national average and the utility prices are 22% lower than the national average. How the salary history question affects pay equity. The cost of living index is based on a national average of 100. Sign up for free to get access to our cost of living index and use our international cost of living calculator to do cost comparison by city. Portland, Oregon's cost of living is 29% higher than the national average. This is in part to housing costs, with both median home sale prices and rents rising faster than in most other similarly sized metro areas. ROI: 83%. Compare the cost of living in Portland, OR vs. Stamford, CT and see how far your salary will go to maintain your standard of living. Are the other cities on your list more or less affordable than your current home? There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. This data represents changes in prices of all goods and services purchased for consumption by urban households. Not only will you reduce the stress of driving and finding a place to park once you reach your destination, your car and tires will last longer, and you will spend less on gas. High Yield Checking and Savings Account Rates. Whether you're planning for an upcoming move or just curious about the cost of living in other cities, the PayScale Cost of Living Calculator is the place to begin your research (or daydreaming). Cost: $15,000-$25,000. Determine if you could maintain your current standard of living in a different city. The largest increases were found in Transportation, Food, and Housing. Portland is a city in the U.S. state of Maine, with a population of 67,067 as of 2017. Check out the website for Portland, Maine to find opportunities and activities in the new location like parks, beaches, museums, or playgrounds that kids will enjoy and look forward to visiting. The average cost of a long distance move is $4,890 (distance of 1,000 miles). Stay up to date on the latest compensation trends. 1-bdr in center is $3,500-$4,000 + $200-$300 for … That's where a cost of living calculator (like the one above!) That information is particularly helpful if you’re offered a job that requires you to relocate, or you’re daydreaming about moving somewhere new for a change in weather or atmosphere. The Greater Portland metropolitan area is home to over half a million people, more than one-third of Maine's total population, making it the most populous metro in northern New England (an area comprising the states of Maine, New Hampshire, and Vermont). You should evaluate the options based on your usage and preferences and pick the best fit for your needs. Price Index: To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Costs. You may find that after you move, you will need to purchase many new items for the new location, for example, window coverings, rugs, lighting, and outdoor gear. Click here to customize.) I've been living in SF since 2014 and I have to say Cost of Living is misrepresented. A side benefit is that you may be able to relax, work, or read on the way to work, or get to know and chat with other commuters. Updated Jan 10, 2019; Posted Sep 05, 2014 . can Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage. The median income for Portland homeowners, is $73,760. NerdWallet’s cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). Children, who don’t have the maturity, independence, and understanding of a parent may be even more sensitive to a move. What your skills are worth in the job market is constantly changing. For the most cost-effective way to add living space to your home, consider installing a deck in composite or wood. Even if your employer is covering the cost of a move, there will still be costs that are not covered. Cost of living is what it costs to afford necessities like food, utilities, shelter, and transportation. This durable surface gives you plenty of entertaining space in … The assumption is the sole provider is working full-time (2080 hours per year). This price can vary a lot if the distance is greater and depending on how much is being moved. Compare the cost of living in Portland, OR vs. Stamford, CT and see how far your salary will go to maintain your standard of living. 2020 Cost of Living Calculator: Portland, Oregon vs Princeton, New Jersey Change Places . Compare cost of living in Portland with factors like salaries, housing expenses, groceries, utilities and more. ), violent crimes (being mugged or robbed, being attacked or insulted), corruption and other crimes. What's the cost of living in Portland, OR? The monthly water bill for the typical single family residential customer using 5 ccf a month in fiscal year 2020-2021 is $44.89.The city … Before you get dead set on moving somewhere and send out save-the-dates for your Bon Voyage party, make sure you can take care of the Four Walls and maintain your standard of living in the city you’re considering. Moving to Portland will very likely increase your daily costs of living. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The MoneyGeek cost of living calculator provides quick insights into how much you’ll pay in housing, utilities, groceries and other expenses in a given city. We call those the Four Walls. Cost of Living Calculators. You could save up to $1,000 per year, depending on your location, by using public transport instead of driving. Follow wage changes of U.S. workers over time. Abundant, up-to-date data. The assumption is the sole provider is working full-time (2080 hours per year). This would allow for a maximum of $1,721 per month to be spent on housing costs. U.S. Bureau of Labor Statistics Consumer Price Index Inflation Calculator The CPI inflation calculator uses the average Consumer Price Index for a given calendar year. This is much more than most Americans pay, as the national average is $152.08. A Portland resident needs to make about $60,000 to "live comfortably" in the city, according to a report by a personal finance and banking site. A single person estimated monthly costs are 1,029.75$ without rent.