Cost of Living: Portland, OR vs Boulder, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portland | Boulder |
|---|---|---|
| Housing Index | 120.0 | 140.0 |
| Median Home Price | $494,000 | $730,000 |
| Average Rent (2 BR Apartment) | $2200 | $2500 |
| Average Rent (2 BR House) | $2240 | $2557 |
Housing Comparison: Portland vs Boulder
- The median home price in Boulder is higher at $730,000, compared to $494,000 in Portland.
- In Boulder, the rental for a two-bedroom apartment stands at $2,500, while it is $2,200 in Portland.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portland | Boulder |
|---|---|---|
| Electricity Price | $15.12 | $15.21 |
| Natural Gas Price | $16.5 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portland vs Boulder
- Boulder has higher electricity costs at $15.21 per kWh, versus $15.12 in Portland.
- Natural gas is more expensive in Portland at $16.5 per unit, while it is cheaper at $11.3 in Boulder.
- Utility expenses are equal in both Portland and Boulder averaging $250.