Get your true budget and find a home with ease. Up 3-1, the Denver Nuggets will again try to knock the Minnesota Timberwolves out of the 2023 NBA playoffs in Game 5 of this Western Conference first round series. WebDenver vs. Portland: Full Comparison. Most of the time, the only real complaint that people tend to have involves the weather. According to the latest BLS data, consumers average over $7,000 per year on food expenses. Proximity to employment is an important consideration because it can drastically impact your cost of living. Writing is her life, and it's what she does best. We believe everyone should be able to make financial decisions with confidence. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. Considering the economic hardships people are experiencing due to COVID-19, its remarkable that theres been such an increase in employment. Here is a list of our partners. If you opt for more adventure, head to Columbia River Gorge, where countless hiking trails and 77 waterfalls await you to explore. Notify me of follow-up comments by email. From perfectly calibrated espresso shots to a typical coffee maker, and everything in between, there are many ways Termites are bad news for any homeowner, and they can cause tens of thousands of dollars in damage and repairs to your home. Denver, Colorado. The Washington Park, Confluence Park, and Cherry Creek Bike Path are ideal green spaces in the metro. If youre particularly worried about getting stuff stolen, then you may want to install a protective device. Last edited by pnwguy2; 08-31-2016 at 09:19 PM .. 09-01-2016, Most families will need well over $60,000 to feel like they are in a good state here. Please check your download folder. While other resources provide basic cost comparisons,NerdWallets cost of living calculatorand accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. For some sugar rush, visit the famous Voodoo Doughnut. Denver or Portland: Which City Should I Choose? - MetroMBA The average number of property crimes committed each year is 32,134. If youre planning to visit or move to a new city, knowing its average temperature and climate is important. In 2022, the unemployment rate in Portland has remained at 3.5%. Because the price of goods and services varies from one city to the next, calculating the cost of living will determine how affordable it is to live in a certain area. Pre-qualified offers are not binding. According to the latest BLS data, consumers average over $7,000 per year on food expenses. You can usually find a job looking after celebrities, executives, and average families who come to the city looking for a winter retreat. These two cities are famous for their excellent street art and heavily-endowed galleries and museums. The average number of violent crimes committed each year is 3,481. WebDenver vs Portland - Cost of Living Comparison The cost of living in Denver is 6% more expensive than in Portland. In Portland, the city remains majority-white, with a population percentage of 72 percent. ALL RIGHTS RESERVED. Choosing the right mortgage can help make your home buying journey easier and more affordable. William Butterworth is a professional writer of both compelling content copy and fiction. Both Portland and Denver are known for their superb street art as well as their heavily-endowed museums. Price collection by city is conducted in strict conformance with standard specifications at specified times. The estimated population in Portland is 666,453. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Both Portland and Denver have their perks. Denver exudes that Western feel and vibe that people adore the most. 2023 COLD WIRE MEDIA. Items on which the index is based have been carefully chosen to reflect the different categories of consumer expenditures., C2ER was founded in 1961, and continues to exist today as a nonprofit organization, comprising research staff of chambers of commerce, economic development organizations and agencies, and related organizations throughout the United States. C2ER has published its quarterly Cost of Living Index since 1968. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Home / North America / Portland vs Denver a Living or Travel Comparison. Weekly trips to the grocery store can add up, especially if food costs are high where you live. How Much Down Payment Do You Need to Buy a Home. While other resources provide basic cost comparisons. In order to compare Denver to Portland, we will review each city side by side with a list of pros and cons. Both cities have crime problems that are worth noting. The demographics of each city are strikingly different, though both cities are fairly young. With that said, a lot of people tend to love the canna-centric side of Portland as well as the heavy-handed focus on artwork. Portland has all of the above too, with Mount Hood nearby, along with some of the countrys most beautiful forest landscapes for hiking and mountain biking. Not a good look, Portland! The actual capital of Oregon is Salem, although the capital has moved frequently in the states history. Owning in Portland, though, is noticeably cheaper. Due to the plethora of state taxes, local taxes, jurisdictions and assessment procedures involved in the assessment of income, property and sales taxes, local tax rates cannot be accurately calculated. The citys average temperatures range from 22 degrees Fahrenheit to 89 degrees Fahrenheit. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. Please check your download folder. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Cool off during the summer days at the Willamette River, enjoy the splash pads and various fountains. Colorado would join the Union as an official state in 1876. The places they are flocking to have lower taxes. USE OF THIS SITE CONSTITUTES ACCEPTANCE OF OUR TERMS OF USE AND PRIVACY POLICY. As you stroll along with Denvers metro, you will see thought-provoking graffiti, street art, and murals. Pro-business policies are behind boom towns. Its honestly a toss-up. What is the breakdown of the cost of living? Portland is the quirky, cool city that birthed thousands of hipsters as well as a TV show calledPortlandia. There are plenty of job opportunities to find within that growing market. Denver is a considerably diverse city. This information may be different than what you see when you visit a financial institution, service provider or specific products site. You may find it difficult to adapt and regret moving there or even taking a vacation there. (2023 Updated), Does Trader Joes Take EBT? The diverse mix of people here keeps the days and nights exciting. Housing Costs. The presence of parks and other natural landmarks make Portland one of the cities that promotes eco-friendliness. Thats because the University of Colorado-Denver and the University of Denver both reside within the city. That means Denver has a crime rate of 48.19% per 1,000 residents. Portlands Pearl District puts visitors in the citys heart with easy access to dining, shopping, and cultural offerings. According to the council, C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure of living cost differences among urban areas. Per capita, Multnomahs income of $45,000 is larger than Salt Lake Countys per capita income of $37,000. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. So, have fun. While the change may seem small, its still significant. While you can expect more snowfall in Denver, youll also experience longer winters in Portland. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. The city has has its own fair share of startups, with Wunder Capital (solar energy project management); Wurk (HR and payroll management for the cannabis industry); Quantum Metrics (data analytics and machine learning apps); and Radar Relay (cryptocurrency trading) at the top of the list. Both cities are expensive, but Portland has become more expensive than Denver in recent years. Both also have low humidity levels throughout the year. - People are 4.4% less likely to be The land got its name after a coin toss between two investors. Knowing a citys job growth and where the growth is occurring is important for anyone who intends to move there. They also put a massive emphasis on various outdoor activities like hiking and biking. In its early history, it became known as the most dangerous port city in the world. This means that you can expect some sunlight, but it wont be constant. Also, recent job growth in Denver comes in at 2.8 percent, compared with Portlands rate of just under one percent. For an area with younger folk, it might mean there are several different types of jobs available. Portland faces a drug problem, especially in areas near homeless encampments in some places in town. 17% lower. The average home value in Portland is $607,265. You will see local and national artists playing various genres in various clubs throughout the metropolitan area. document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Both Denver and Portland have very close populations, but Denver has a few more people living in it. With its access to two big rivers and the Pacific Ocean, Portland became a seedy port city filled with gambling houses, saloons, and bordellos. It usually runs every twenty minutes during rush hours. This has started to cause minor problems. The average salary in Portland is $73,000 a year. For example, the cost of an unlimited MetroCard in New York was obtained from the. Denver tends to cater to research, hospitality, and marijuana while Portland caters to technology and health. Opinion | Why People Are Fleeing Blue Cities for Red States Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Home prices, property taxes and monthly rents vary from state to state, city to city, town to town and even neighborhood to neighborhood.For homeowners, there are more expenses to consider than just the monthly mortgage payment. The quality of life in both cities is comparable, though Portland has more rain. In Denver, its even lower, at a jaw-dropping 2.7 percent. The average age group in Denver is 37 years old. It rarely goes below 6 degrees Fahrenheit and rarely gets above 96 degrees Fahrenheit. Since these are both large schools, education is also a big employer in the area. Our partners compensate us. However, in terms of other aspects of demographics, the two cities are significantly different. Walkability and public transit scores were obtained fromWalk Score. According to the current MIT Living Wage Calculator, a single person would need to earn at least $36,192 in order to maintain a basic comfortable lifestyle. Another big job market in Denver is hospitality. Walkability and public transit scores were obtained fromWalk Score. Both get snow, so in terms of that, there is a clear tie. One wanted to name it Boston and the other Portland. So how do we make money? However, another significant social issue the city faces is public safety. Do these housing costs seem low to you? Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. The citys violent crime is currently below average. The city allows street arts and murals, even issuing Original Art Mural permits to nurture original art murals based on content-neutral processes on specific terms and conditions. Theres also something in Denver for those who love the calm and beauty of the outdoors. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. Theyre out of college and starting to become established in their careers. The lower oxygen levels can take a toll on ones body, especially those not used to higher altitudes or with ongoing medical conditions. It boasts sophisticated dining, shopping, and excellent city views. The metro area population of Portland in 2022 was 2,197,000, a How should you choose? While one could argue that Portland and Denver both tend to attract the same young, hip, well-to-do individuals, the truth is that one city might be better for you than the other. Here's how to know how much you really need. Due to the issue of gun control, many people believe that Denver has a mass shooting problem. However, both are pretty evenly split. Of course no mention of Denver would be complete without acknowledging its burgeoning legal cannabis economy, in which MBAs can thrive. If youre thinking of visiting or moving to one over the other, its important to know what the differences are. Denver is a no-brainer for those who like to hit the slopes in the winter for skiing or snowboarding, and if thats not your thing, there are hundreds of options for white water rafting, hot springs, hiking, and zip lining. The Mile It is even the home to the second-most number of microbreweries, next to Oregons Portland. Museums never get old when strolling around Denver. Either way, both cities have a young average age group with Denver having a slightly older median age. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. But even then, the price of groceries is going to significantly influence your cost of living. They have a reputation for iconic pink boxes, eclectic decor, and unusual doughnuts. When : Game 1 is Saturday, April 29 at 5:30 p.m. PT/8:30 p.m. You may find that one is more affordable than the other. Population by Occupation: 18 percent of Portlanders are in management, finance, and business careers, and 20 percent of Denver residents are. The median home listing price in Denver is $575,000. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. (2023 Updated), Does DoorDash Pay For Gas? (2023 Updated), Does Taco Bell Have Salads? The town loves its diversity and art. One area thats important to consider is whether the wages have increased, decreased, or remained stagnant with time. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. When evaluating offers, please review the financial institutions Terms and Conditions. However, Portland also faces a unique situation in being Oregons biggest city. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Both Denver and Portland have very close populations, but Denver has a few more people living in it. The estimated population in Denver is 760,049. The estimated population in Portland is 666,453. The demographics of both cities are also similar in some cases but different in others. Before you get the keys to your new home, you'll have to pay closing costs. Denver seems very classically Midwestern to me. Also, the city is a haven for music with live music venues, annual music festivals, and comprehensive music stores. This addiction relatively causes higher property crime rates. Instead, Portland is Oregons largest city. Please check your download folder. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. The average number of property crimes committed each year is 34,482. All financial products, shopping products and services are presented without warranty. Game summary of the Phoenix Suns vs. Denver Nuggets NBA game, final score 107-125, from April 29, 2023 on ESPN. Weighing your options based on the facts above might result in a tie. These days there are seemingly endless ways to brew a cup of coffee in the morning. Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. Get matched with a top agent in your area. Denver City, as it was known then, shortened its name to Denver after the populace voted for it to become the seat of government for Colorado. There are ways to trim that down. The typical commuting distance for a Portland local is around 25 minutes. Cities ranked 164th and 249th ($2527 vs $2375) in the list of the most expensive cities in the world and ranked 136th and 192nd in the United States. The typical commuting time for either city is a very reasonable, low-traffic 25 minutes. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Whether you plan on renting an Airbnb, an apartment, or buying a home, you need to know the average prices in a city. Before you get the keys to your new home, you'll have to pay closing costs. Portland Metro Area Population 1950-2023 | MacroTrends You will not run out of outdoor places to go to as both are homes to beautiful parks. (10 Reasons), Why Is Dragon Fruit So Expensive? We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. There are a few key differences between Denver and Portland when it comes to job opportunities and job growth. Lets talk about it. Both Denver and Portland have similar average salaries, but they are different. WebThe cost of living is 12% lower in Denver, CO. See Denvers complete City Life page. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. Its winters, on the other hand, are long, cold, and wet. Whether youre interested in research, becoming a doctor, or serving in the medical field, Portland is a great choice. Clearly, both cities have different job markets. Denver tends to cater to research, hospitality, and marijuana while Portland caters to technology and health. 9. Housing Prices And Rental Prices
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