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. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. All financial products, shopping products and services are presented without warranty. Portland has a crime index of three which means its safer than 3% of other cities in the United States. 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. Commuting times for both Denver and Portland are both fairly low. 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. The two cities are relatively young. If you decide to live in Portland, besides craft beers, you will be used to saying words like locally-grown, heirloom, organic, and artisanal, among others. Secondly, Denver had a strong economy which has enticed more people to it. 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. Clearly, while both cities are showing growth, Portland is struggling more than Denver. While you can expect more snowfall in Denver, youll also experience longer winters in Portland. RTDs bus routes usually thin out as distances get farther away from Denvers downtown and eventually cannot cover the citys nook and cranny. No discussion of Portland can be completed without talk of the rainit has a whopping 26 percent more rain than Denver throughout much of the year. Both cities are expensive, but Portland has become more expensive than Denver in recent years. Portland is a bit safer when it comes to violent crimes than Denver. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. It rarely drops below 26 degrees Fahrenheit and rarely gets above 95 degrees Fahrenheit. 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We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Denver seems very classically Midwestern to me. If you can't find a city, you can type the state name to see all cities available in that state. Notify me of follow-up comments by email. (10 Reasons), Does Lowes Have Curbside Pickup? Weekly trips to the grocery store can add up, especially if food costs are high where you live. The presence of parks and other natural landmarks make Portland one of the cities that promotes eco-friendliness. (Top 10 Reasons), Can You Return Paint At Lowes? Old Portland still lives on in this neighborhood through the Victorian homes, transformed into restaurants and boutiques. So how do we make money? 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. To get the best mortgage loan, know how much you can afford and shop like the bargain hunter you are. The typical commuting time for either city is a very reasonable, low-traffic 25 minutes. So youve narrowed down your list of must-haves for your MBA program and possibly your future roots. Denver became Colorados capital during a gold rush that occurred within the area. The downtown high rises, size of the streets and the older housing is very, very Midwestern in style. Something along the lines of a Ring doorbell, ADT, or getting a Slomins Shield setup will be more than enough to make your home safe. Once you understand what they cover, they'll look less overwhelming. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. If you want to be a software engineer or work in technology, Portland has a great job market. As time went on, Colorado became an official territory of the United States. It might also indicate that the jobs the city is making arent ones that people want to work in. A crowdsourced database with a cost of living calculator for prices comparison in 9294 cities in 197 countries all over the world. Spend some leisurely hours at the 16th Street Mall and explore the different cafes, shops, bars, and restaurants. The current metro area population of Portland in 2023 is 2,220,000, a 1.05% increase from 2022. Whether youre interested in research, becoming a doctor, or serving in the medical field, Portland is a great choice. WebThe metro area population of Denver in 2022 was 2,897,000, a 1.22% increase from 2021. What will be the things you need to consider? The average salary in Portland is $73,000 a year. document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Urbanized area 2010 population: Urbanized area 2010 land area (square miles) City in urbanized area name: City 2010 population: City 2010 land area One area thats important to consider is whether the wages have increased, decreased, or remained stagnant with time. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Heavy hitters in tech, retail, manufacturing and many other industries all have their headquarters in Portland. Because of that, its important to know the average temperatures and climates of both Denver and Portland. In 2022, there were 48.1 per 1,000 people unemployed in Portland. Cool off during the summer days at the Willamette River, enjoy the splash pads and various fountains. However, in terms of other aspects of demographics, the two cities are significantly different. After narrowing your list of places to visit or probably potential cities to move to, you are down to two Portland and Denver. Both cities tend to have similar amenities and lifestyles, though some tend to find one preferable over the other. Suppose you find fun in exploring exciting mountain peaks and valleys. Its winters, on the other hand, are long, cold, and wet. 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. Learn how your comment data is processed. 2023 COLD WIRE MEDIA. The next big demographic for Denver is Black Americans at 9.18%. Price collection by city is conducted in strict conformance with standard specifications at specified times. Not a good look, Portland! NerdWallet strives to keep its information accurate and up to date. 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. This indicates that Denver had been increasing its workers salaries while Portland hasnt. Another big concern that you might have when visiting a new city or moving there is safety. To get the best mortgage loan, know how much you can afford and shop like the bargain hunter you are. These two cities are famous for their excellent street art and heavily-endowed galleries and museums. Maybe youre someone who longs for beautiful weather, several choices for outdoor fun, food and drink, nightlife, a competitive living cost, and an innovative economy. Cities ranked 164th and 249th ( $2527 vs $2375) in the list Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. It comprises trains and buses which offer several fare choices such as day passes, one-way passes, monthly passes, and ten-ride ticket books. What is the breakdown of the cost of living? You can essentially expect to have pleasant summers but very snowy or at least sleety winters. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. Clearly, Portland is a bit warmer than Denver, even in winter. The more money you have, the easier itll be to acclimate to the high price tag of everything around you. Bicycles are pretty popular in Portland. In context, a typical American pays an average of $100 for their necessities. For example, if you have a finance degree and intend to work in that field, you dont want to move to a city where its financial sector is shrinking. In fact, they are literally tied. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. The city is regarded as the Bike City USA as seven percent of its residents commute to work or school by bike. Although the land technically belonged to the Cheyenne and Arapaho people, settlers would slowly drive them out of the territory until it belonged to them instead. Denver has a crime index of two, which means its safer than 2% of other cities in the United States. With that said, both cities boast high school graduation rates above 85 percent, putting them well above most inner-city regions. When in Portland, theres always beer. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. 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. If its not precipitating, one can expect overcast skies for most times of the year. However, Portland also faces a unique situation in being Oregons biggest city. You could eat out less, cut back on takeout and cook more often. One of most important determinations you need to make before moving to a new city or town is how much it will cost to live there. A strong emphasis on outdoor activities such as biking and trails is commonplace, if not downright expected. The Denver Art Museum, just a few walks away from the State Capitol, is full of 70,000 various Native American arts. When evaluating offers, please review the financial institutions Terms and Conditions. It has higher rates of violent crimes while property rates are declining. Please check your download folder. USE OF THIS SITE CONSTITUTES ACCEPTANCE OF OUR TERMS OF USE AND PRIVACY POLICY. 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. 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. Portlands living cost index is around 130.8, while Denvers lies at approximately 128.7. Moving to either city can be a good choice, but it all depends on what you are looking for. As in, most people will have the exact same style of commute no matter what city they choose. and 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. 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. Portland is famous for its thousands of acres of parks, including Forest Park, the countys most extensive urban forest at 5 157 acres. While other resources provide basic cost comparisons. This can also indicate the kind of jobs that are available in the area. According to the latest BLS data, consumers average over $7,000 per year on food expenses. Meanwhile, violent crime sits at a 25-year high. The former is the cool, quirky city that gave birth to thousands of hipsters, including the Portlandia TV show. For an area with older folk, it might mean there are more medical jobs available. Do these housing costs seem low to you? That means Portland has a crime rate of 5.33% per 1,000 residents. Ranked in Forbes Top Five Places for Business and Careers, the city also boasts one of the largest knowledge based economies in the country. How is this tool different from other resources out there? One of the most important aspects to consider when moving to a city is the average salary. United Nations population projections are also included through the year 2035. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Once you understand what they cover, they'll look less overwhelming. Our partners cannot pay us to guarantee favorable reviews of their products or services. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Web2023 Compare Cities Climate: Portland, OR vs Denver, CO Change Cities. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. When it comes to both Portland and Denver, unemployment is at an all-time low. That's probably because we're measuring average costs for the larger metro area, not just the city limits. And it adds up. Colorado would join the Union as an official state in 1876. Though they both have high costs of living, Denver is still approximately 1.5 percent cheaper. Proximity to employment is an important consideration because it can drastically impact your cost of living. How Much Down Payment Do You Need to Buy a Home. Do not sell or share my personal information. WebDenver has high diversity rates, with only 53 percent of the population being white. United Nations - World Population Prospects, The current metro area population of Denver in 2023 is, The metro area population of Denver in 2022 was, The metro area population of Denver in 2021 was, The metro area population of Denver in 2020 was. But the same extreme can be found in Denver with snow. WebThe cost of living is 12% lower in Denver, CO. See Denvers complete City Life page. Weekly trips to the grocery store can add up, especially if food costs are high where you live. The demographics of each city are strikingly different, though both cities are fairly young. Los de Malone se recuperaron de una dura derrota ante Clippers, desquitndose frente a un Portland con muchas ausencias. Proximity to employment is an important consideration because it can drastically impact your cost of living. How is this tool different from other resources out there? What: The Denver Nuggets face the Phoenix Suns in a Western Conference NBA Playoffs game. In the words of Tolkien, all those who wander may not be lost, but William certainly is. If you like rain and clouds, Portland will be more appropriate. Maggie Boccella, a lifelong resident of Philadelphia, is a freelance writer, artist and photographer. Capitol Hill is one of the favorites for locals and first-timers alike. It rains a lot in Portland, with an average annual rainfall of 42.8 inches. All financial products, shopping products and services are presented without warranty. Lately, Portland has gained a bit of a reputation for racism among certain parts of time. Web21% higher Denver, CO Portland, OR Median 2-bedroom apartment rent $1,770 $2,565 Median home price (3BR, 2BA) $613,455 $651,605 Do these housing costs seem low to Here is a comparison rundown based on the significant aspects you might need to know before moving or traveling to Portland, Oregon, or Denver, Colorado. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. We believe everyone should be able to make financial decisions with confidence. If the average age group of a city is young, however, then you can expect activities, services, and entertainment to cater to a younger group of people. WebDenver vs Portland Cost of Housing. Highlights - Denver has 61.0% less rainy days than Portland. Denvers According to the latest BLS data, consumers average over $7,000 per year on food expenses. Besides being a beer destination, the city is also on its way to being a food hub. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. The park is a haven for mountain bikes, hikers, and runners. 4. If youre thinking of visiting or moving to one over the other, its important to know what the differences are. Your email address will not be published. Mortgage preapproval is the smartest hack to homebuying and among the most misunderstood. Here's what lenders want before they'll preapprove you for a home loan. Price collection by city is conducted in strict conformance with standard specifications at specified times. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Its safe to say that you will enjoy the life you lead in either city. The increased homelessness rate in Portland has affected the residents quality of life. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. The 10 states that saw the biggest population gains have an average maximum income tax of 3.8 percent. It might suggest that Portland either hasnt increased wages to match the cost of living or that there have been more lower-paying jobs created than higher-paying jobs in recent times. You can also take TriMet, the citys accessible and comprehensive public transportation. Portlands next biggest demographic is Asian Americans at 8.65%. They both got their start as frontier towns looking to cash in on a gold rush. When he isn't rescuing his faithful dog's ball from beneath the sofa, he's busy with his friends playing Dungeons and Dragons or various other nerdy past times. However, the city is also home to several other businesses and attractions. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Walkability and public transit scores were obtained fromWalk Score. There are likely a few reasons behind the increase in housing prices. 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. The estimated population in Denver is 760,049. This indicates that while Portland is making more jobs for its people, its not doing so fast enough. Clearly, both cities have different job markets. Denver exudes that Western feel and vibe that people adore the most. 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. Obviously, if the wages are higher, this indicates that the area likely has higher-paying jobs. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. 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. - People are 4.4% less likely to be The metro area population of Denver in 2021 was 2,862,000, a 1.24% increase from The problem may be even worse if youre used to one extreme and end up moving to another extreme. Clearly, Portland is a bit warmer than Denver, even in winter. While you can expect more snowfall in Denver, youll also experience longer winters in Portland. Both also have low humidity levels throughout the year. At most, Denver will have a humidity of 20% and Portland will have a humidity up to 40%. Denver experiences hot summers and very cold, snowy winters. But the city is more than just beers. Portland, on the other hand, has had a decrease of 0.7% in wages over the past few years. Living in Portland means that you get to see a lot of quirky, eccentric artists and venues throughout the city. This also drives up the prices of their homes. Pro-business policies are behind boom towns. Portland has more property crime while Denver has more violent crime. In Portland, the city remains majority-white, with a population percentage of 72 percent. Pre-qualified offers are not binding. She has consulted on various film and multimedia projects, and she also serves as a juror for the city's annual LGBTQIA Film Festival. Big firms are hitting both cities with new jobs, especially in the tech industry and IT world. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. A final distinguishing mark between Portland and Denver is the cost of living. Im speaking of the downtown and older suburbs. Median 2-bedroom apartment Whether you plan on renting an Airbnb, an apartment, or buying a home, you need to know the average prices in a city. She toured Italian Schools with a childrens theatre troop, lived as an au-pair in both Rome and Washington DC, explored the British countryside, worked her way through much of Europe, Salsa danced in Cuba and road tripped down Americas west coast where she discovered her spiritual home; Portland, Oregon. If you opt for more adventure, head to Columbia River Gorge, where countless hiking trails and 77 waterfalls await you to explore. You could eat out less, cut back on takeout and cook more often. It usually runs every twenty minutes during rush hours. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). What: The Denver Nuggets face the Phoenix Suns in a Western Conference NBA Playoffs game. and 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. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. However, their weather, job markets, and cost of living rates are different from one another with Portland being a bit more expensive than Denver overall. Considering the economic hardships people are experiencing due to COVID-19, its remarkable that theres been such an increase in employment. WebDenver vs. Portland: Full Comparison. However, there are some slight differences that seem to suggest that one town is doing better than the other. 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. Minneapolis, MN to Denver, CO -2.2% $0.00k $30.00k $60.00k Estimated Salary change Minneapolis, MN to Denver, CO -4.6% Think Carefully Looks like this move could have a negative net change in disposable income $-1,425.3 Explanation The cost of living in Denver, CO is -2.2% lower than in Minneapolis, MN.

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