Portland cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index7388100
Goods & Services index8595100
Groceries index9192100
Health care index8295100
Housing index4673100
Transportation index8993100
Utilities index7893100
Here we can see a simple outline of the cost of living in Portland, IN. As you can see, with the average cost of living in Portland, IN being 73, that puts it 16% lower than the average of Indiana and 27% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Portland, IN, the price of goods and services are 11% lower than the average of Indiana as well as 16% lower than the nation's average.

Did you know?

  • The cost of living in Portland is 16% lower than the Indiana average.
  • The cost of living in Portland is 27% lower than the national average.
  • The cost of housing in Portland is 54% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Portland, IN to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Portland, IN, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Portland, IN salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Portland, IN, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Portland, IN, the median monthly income is $46,587 for those who own their own homes. Under the standard rule, that income level would allow for $1,087 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,258, per the median income in the area. That would allow for renters to spend up to $566 on monthly rental expenses.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Portland, IN, it's important to take into account the sales tax for Indiana, as well as the rate for income tax in Indiana. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Indiana is 7%, and the sales tax in the state of Indiana is 7%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Indiana starts from 3.3% and goes up to 3.3%.

Goods & Services

ItemPortlandNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $22.00$34.6836.6%
Toothpaste $1.88$2.4724.0%
Shampoo $0.84$1.0217.8%
Movie $8.79$9.8710.9%
Bowling $3.50$4.3920.3%


ItemPortlandNational avg.Difference
Ground Beef $4.14$4.487.5%
Fried Chicken $1.19$1.4618.7%
Milk $1.93$2.3618.1%
Potatoes $3.11$3.061.6%
Pizza $7.99$9.2413.6%
Beer $7.54$8.6312.7%

Health Care

ItemPortlandNational avg.Difference
Optometrist $58.00$99.7841.9%
Doctor $71.50$105.0331.9%
Dentist $69.75$88.7021.4%
Ibuprofen $8.36$9.4111.2%
Lipitor $323.26$298.508.3%


ItemPortlandNational avg.Difference
Home Price $70,000.00$175,700.0060.2%
Avg. Mortgage Payment $865.75$1,081.0319.9%
Apartment Rent $544.00$920.0040.9%


ItemPortlandNational avg.Difference
Gasoline $1.94$2.097.3%
Tire Balancing $36.00$45.2920.5%


ItemPortlandNational avg.Difference
All Electricity$149.16$170.8012.7%
Phone $18.44$28.2634.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Ridgeville, IN67670-30%
Saratoga, IN19270-30%
Bryant, IN28575-25%
Pennville, IN80677-23%
Redkey, IN1,33772-28%
Portland, IN6,40873-27%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
North Caldwell, NJ6,407202102%
Laurel Bay, SC6,40499-1%
Santa Clara, UT6,4041066%
Madras, OR6,41999-1%
Batesville, IN6,39796-4%
Portland, IN6,40873-27%
Source: The Portland, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.