Cost of Living in Portland, TX
Housing
The housing market plays a significant role in determining the cost of living in Portland, TX.
- Housing Index: Data is updating
- Median Home Price is: $290,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Portland, TX reveals a median home price of 290000, suggesting potential affordability for buyers. However, the absence of a housing index and rental prices—both set at zero—raises questions about market activity and may indicate a lack of available properties or a slow real estate environment. This could present opportunities for investors looking for undervalued assets or for first-time buyers aiming to enter the market affordably. Consider investigating local economic conditions and amenities, as they can greatly affect housing demand and rental values moving forward.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Portland, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Portland, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Portland is a financially viable option for your relocation.