Looking for a fresh start in a new Portland neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Portland for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 696
-13%
Cost of Living Index 104 vs 119
13% lower than Portland
Population 2,964
-8%
Cost of Living Index 110 vs 119
8% lower than Portland
Population 3,413
-5%
Cost of Living Index 114 vs 119
5% lower than Portland
Population 10,141
-4%
Cost of Living Index 115 vs 119
4% lower than Portland
Population 6,135
-3%
Cost of Living Index 115 vs 119
3% lower than Portland
Population 2,350
1%
Cost of Living Index 120 vs 119
1% higher than Portland
Population 2,942
1%
Cost of Living Index 121 vs 119
1% higher than Portland
Population 1,585
2%
Cost of Living Index 122 vs 119
2% higher than Portland
Population 4,711
5%
Cost of Living Index 125 vs 119
5% higher than Portland
Population 3,580
5%
Cost of Living Index 125 vs 119
5% higher than Portland
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report