Cost of Living: Portland, OR vs Phoenix, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portland | Phoenix |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $494,000 | $358,200 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2240 | $1840 |
Housing Comparison: Portland vs Phoenix
- In Portland, the median home price is higher at $494,000, while in Phoenix it is $358,200.
- Renting a two-bedroom apartment costs more in Portland at $2,200 than in Phoenix at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portland | Phoenix |
|---|---|---|
| Electricity Price | $15.12 | $15.14 |
| Natural Gas Price | $16.5 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Portland vs Phoenix
- Phoenix has higher electricity costs at $15.14 per kWh, versus $15.12 in Portland.
- Phoenix experiences higher natural gas costs at $23.51 per unit, with costs at $16.5 in Portland.
- Utility expenses are equal in both Portland and Phoenix averaging $250.