Cost of Living: Portland, OR vs Tipton, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Portland | Tipton |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $494,000 | $184,000 |
| Average Rent (2 BR Apartment) | $2200 | $Data is updating |
| Average Rent (2 BR House) | $2240 | $Data is updating |
Housing Comparison: Portland vs Tipton
- In Portland, the median home price is higher at $494,000, while in Tipton it is $184,000.
- The rent for a two-bedroom apartment is equal in both Portland and Tipton at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Portland | Tipton |
|---|---|---|
| Electricity Price | $15.12 | $14.82 |
| Natural Gas Price | $16.5 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Portland vs Tipton
- Electricity costs are higher in Portland at $15.12 per kWh, compared to $14.82 in Tipton.
- Natural gas is more expensive in Portland at $16.5 per unit, while it is cheaper at $15.61 in Tipton.
- Utility expenses are equal in both Portland and Tipton averaging $250.