Cost of Living: Denver, CO vs Portland, OR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denver | Portland |
|---|---|---|
| Housing Index | 115.0 | 120.0 |
| Median Home Price | $631,000 | $494,000 |
| Average Rent (2 BR Apartment) | $1869 | $2061 |
| Average Rent (2 BR House) | $2031 | $2240 |
Housing Comparison: Denver vs Portland
- In Denver, the median home price is higher at $631,000, while in Portland it is $494,000.
- In Portland, the rental for a two-bedroom apartment stands at $2,061, while it is $1,869 in Denver.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denver | Portland |
|---|---|---|
| Electricity Price | $15.21 | $15.12 |
| Natural Gas Price | $11.3 | $16.5 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Denver vs Portland
- Electricity costs are higher in Denver at $15.21 per kWh, compared to $15.12 in Portland.
- Portland experiences higher natural gas costs at $16.5 per unit, with costs at $11.3 in Denver.
- Utility expenses are equal in both Denver and Portland averaging $250.