Quality of Life in Portland, OR for an Income of $138,890

Overview of Cost of Living

• Cost of Living Index: Portland, OR has a cost of living index of around 130, which is above the national average of 100.
• Consumer Prices: Items such as groceries, dining, and transportation tend to be more expensive than in many other U.S. cities.
• Utilities: Utility costs are relatively reasonable, although they still exceed the national average.
• Transportation: Costs also are higher, in part due to public transit services and average gas prices.

Housing Market

• Housing Prices: The median home price in Portland is approximately $550,000, considerably higher than the national median of about $375,000.
• Rental Market: The rental market is competitive, with median rents for a one-bedroom apartment typically around $1,500 per month.
• Property Taxes: Portland's property tax rates are moderate compared to other U.S. cities.

Quality of Life

• Income vs. Living Costs: An income of $138,890 provides a comfortable lifestyle, with discretionary income available after covering essential expenses.
• Lifestyle and Recreation: Residents benefit from ample green spaces, cultural activities, and a vibrant food scene.
• Safety: Portland has areas of varying safety, with some neighborhoods experiencing more crime than others.

Access to Healthcare

• Healthcare Facilities: Portland offers a high standard of healthcare services, with several top-rated hospitals and medical facilities.
• Insurance Costs: Healthcare costs, including insurance premiums and out-of-pocket expenses, can be higher than the national average.

Quality of K-12 Schools

• Public Schools: The quality of public schools in Portland varies, with some districts receiving high ratings and others performing below average.
• Private Schools: There are numerous private school options, providing alternatives to public education.

Assessment

Living in Portland, OR with an income of $138,890 allows for a relatively comfortable lifestyle, though trade-offs are necessary due to the high cost of housing and living expenses. The city offers a rich quality of life with excellent recreational activities and access to quality healthcare facilities. Educational opportunities are varied, and while some public schools are commendable, exploring both public and private options might be advisable for families.