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.