Cost of Living: Portland, OR vs Herkimer, NY
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Portland | Herkimer |
---|---|---|
Housing Index | 120.0 | 110.0 |
Median Home Price | $494,000 | $145,000 |
Average Rent (2 BR Apartment) | $2200 | $1200 |
Average Rent (2 BR House) | $2240 | $1225 |
Housing Comparison: Portland vs Herkimer
- In Portland, the median home price is higher at $494,000, while in Herkimer it is $145,000.
- Renting a two-bedroom apartment costs more in Portland at $2,200 than in Herkimer at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Metric | Portland | Herkimer |
---|---|---|
Electricity Price | $15.12 | $26.08 |
Natural Gas Price | $16.5 | $18.13 |
Other Utilities | $250 | $250 |
Utilities Comparison: Portland vs Herkimer
- Herkimer has higher electricity costs at $26.08 per kWh, versus $15.12 in Portland.
- Herkimer experiences higher natural gas costs at $18.13 per unit, with costs at $16.5 in Portland.
- Utility expenses are equal in both Portland and Herkimer averaging $250.