Portland, Colorado Cost Of Living

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F

Overall 39%

Goods & Services 0%

Housing 128%

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Portland	Colorado	National
Cost of living	139	111	100
Goods & Services	100	105	100
Groceries	107	98	100
Health care	103	98	100
Housing	228	134	100
Transportation	107	105	100
Utilities	88	88	100

Key findings

The cost of living in Portland is 26% higher than the Colorado average
The cost of living in Portland is 39% higher than the national average
Portland housing is 128% higher than the national average
Colorado general sales tax is 43% lower than the national average
Colorado state income tax is 88% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$48,523	$4,044	$1,132	$1,456
Renters	$0	$0	$0	$0

Colorado Sales Tax

State	General Sales Tax	With Max Surtax
Colorado	2.9%	10%

Colorado Income Tax

State	Income Tax (Low)	Income Tax (High)
Colorado	4.63%	4.63%

Goods & Services

Item	Portland	National avg.	Difference
Haircut	$25.82	$20.27	27.4%
Beauty Salon	$43.44	$40.39	7.5%
Toothpaste	$2.21	$2.36	6.1%
Shampoo	$0.97	$1.08	10.0%
Movie	$10.31	$10.99	6.2%
Bowling	$15.47	$15.49	0.1%

Groceries

Item	Portland	National avg.	Difference
Ground Beef	$4.75	$4.30	10.4%
Fried Chicken	$1.60	$1.40	14.1%
Milk	$2.39	$2.20	8.5%
Potatoes	$2.97	$3.22	7.8%
Pizza	$11.76	$10.74	9.5%
Beer	$9.14	$9.60	4.7%

Health Care

Item	Portland	National avg.	Difference
Optometrist	$113.83	$109.73	3.7%
Doctor	$145.05	$118.34	22.6%
Dentist	$93.45	$100.94	7.4%
Ibuprofen	$9.07	$9.93	8.7%
Lipitor	$488.17	$469.53	4.0%

Housing

Item	Portland	National avg.	Difference
Home Price	$421,400.00	$184,700.00	128.2%
Avg. Mortgage Payment	$1,158.98	$1,229.62	5.7%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Portland	National avg.	Difference
Gasoline	$2.85	$2.71	5.3%
Tire Balancing	$57.36	$51.86	10.6%

Utilities

Item	Portland	National avg.	Difference
All Electricity	$134.94	$170.84	21.0%
Phone	$187.13	$187.18	0.0%

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	Population	Cost of Living Index	National Avg.
Mountain Village, CO	1,546	96	3.9%
Ouray, CO	849	120	19.9%
Ridgway, CO	1,012	123	23.1%
Loghill Village, CO	467	141	41.4%
Telluride, CO	1,972	173	73.5%
Portland, CO	129	139	39.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Jacksonport, AR	129	79	20.7%
Ward, CO	129	95	4.8%
Garber, IA	129	80	20.3%
Campus, IL	129	85	15.3%
Yale, IL	129	78	22.2%
Portland, CO	129	139	39.1%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.