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.
IndexPortlandTennesseeNational
Cost of living index8891100
IndexPortlandTennesseeNational
Goods & Services index8798100
Groceries index9592100
Health care index9489100
Housing index7780100
Transportation index9693100
Utilities index10691100
The above illustration supplies generalized information for the Portland, TN cost of living index. Compared to other cities in Tennessee and cities across the country, the cost of living index in Portland, TN is 88, which is 3% lower than the Tennessee average and 12% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Portland, TN are 11% lower than the average for Tennessee and 13% lower than the rest of the country.

Did you know?

  • The cost of living in Portland is 3% lower than the Tennessee average.
  • The cost of living in Portland is 12% lower than the national average.
  • The cost of housing in Portland is 23% lower than the national average.
  • Tennessee general sales tax is 37% higher than the national average.
  • Tennessee state income tax is 100% lower than the national average.

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Salary Calculator

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Use the salary calculator to compare your current income in Portland, TN to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Portland, TN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Portland, TN salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$59,275$4,940$1,383$1,778
Renters$31,806$2,651$742$954
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Portland, TN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Portland, TN homeowners, is $59,275. This would allow for a maximum of $1,383 per month to be spent on housing costs. For renters, the median monthly income is $31,806 which would result in a maximum of $742 to be spent on rental costs.

Tennessee Sales Tax

StateGeneral Sales TaxWith Max Surtax
Tennessee7%9.75%

Tennessee Income Tax

StateIncome Tax (Low)Income Tax (High)
Tennessee0%0%
When you are determining the total cost of living in Portland, TN you will want to make sure you consider both the Tennessee sales tax and the Tennessee income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Tennessee is 7%, with the highest surtax being 9.75%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Tennessee have a range from 0% to 0%.

Goods & Services

ItemPortlandNational avg.Difference
Haircut $15.00$14.592.8%
Beauty Salon $20.00$34.6842.3%
Toothpaste $2.66$2.477.6%
Shampoo $0.90$1.0211.9%
Movie $7.50$9.8724.0%
Bowling $4.00$4.398.9%

Groceries

ItemPortlandNational avg.Difference
Ground Beef $5.03$4.4812.4%
Fried Chicken $1.44$1.461.6%
Milk $2.69$2.3614.1%
Potatoes $2.54$3.0617.0%
Pizza $7.99$9.2413.6%
Beer $8.16$8.635.5%

Health Care

ItemPortlandNational avg.Difference
Optometrist $85.00$99.7814.8%
Doctor $99.00$105.035.7%
Dentist $83.33$88.706.1%
Ibuprofen $7.87$9.4116.4%
Lipitor $292.22$298.502.1%

Housing

ItemPortlandNational avg.Difference
Home Price $130,600.00$175,700.0025.7%
Avg. Mortgage Payment $911.49$1,081.0315.7%
Apartment Rent $775.00$920.0015.8%

Transportation

ItemPortlandNational avg.Difference
Gasoline $1.96$2.096.5%
Tire Balancing $45.67$45.290.8%

Utilities

ItemPortlandNational avg.Difference
All Electricity$203.00$170.8018.9%
Phone $24.95$28.2611.7%
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.
Fairfield, TN35773-27%
Bransford, TN16879-21%
Mitchellville, TN15182-18%
Castalian Springs, TN96587-13%
Franklin, KY8,56383-17%
Portland, TN11,85388-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Florida City, FL11,85396-4%
Wells Branch, TX11,85295-5%
Fernandina Beach, FL11,85111515%
Beachwood, OH11,85512121%
Kemp Mill, MD11,85013232%
Portland, TN11,85388-12%
Source: The Portland, TN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.