Quality of Life in Portland, OR on a $109,820 Salary

Cost of Living

• Higher than National Average: Portland's cost of living is notably higher than the national average, with increased expenses in areas such as housing, transportation, and healthcare.
• Utilities and Groceries: Compared to other clusters in the U.S., utilities and grocery costs in Portland hover slightly above average, adding to daily living expenses.

Housing Market

• Median Home Price: As of late 2023, the median home price in Portland is significantly higher than the national median, posing a challenge for potential homebuyers.
• Rental Market: Rental costs are similarly elevated, reflecting competitive demand and a limited supply of affordable housing options.

Quality of Life

• Income Sufficiency: With an annual salary of $109,820, an individual or household can maintain a middle-class lifestyle, though budgeting is essential to manage housing and other living costs.
• Lifestyle and Amenities: Portland offers a vibrant culture and recreational opportunities, supporting the arts, a robust food scene, and numerous outdoor activities.

Access to Healthcare

• Healthcare Facilities: Portland boasts a high standard of healthcare, with numerous hospitals and clinics providing quality medical services.
• Cost of Healthcare: Healthcare costs are higher than average, necessitating good insurance coverage to manage expenses effectively.

Quality of K-12 Schools

• Public School System: Portland provides a range of public school options with varied performance metrics, generally reflecting above-average educational standards.
• Private and Charter Schools: There are also select private and charter schools offering specialized programs and curricula that can be advantageous for different learning needs.

Summary of Assessment

Living in Portland, OR, on a salary of $109,820 offers a comfortable life given careful financial planning amid a higher cost of living. The city provides a rich cultural life, good healthcare access, and reputable educational opportunities, though high housing costs remain a significant consideration.