Living Cost Compare
New York City

New York

$1,990/mo est.

vs
Portland

Oregon

$1,600/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,990 in New York City, NY versus $1,600 in Portland, OR. Overall, Portland, OR is roughly 20% cheaper to live in day-to-day than New York City, NY, driven mainly by rent.

Median household income is $79,713 in New York City, NY and $88,792 in Portland, OR — about 10% higher in Portland, OR. New York has a top state income tax rate of 10.90% and a 4% state sales tax; Oregon has a top state income tax rate of 9.90% and no state sales tax.

Rent

Studio
$1,633
$1,294
+21% in New York City, NY
1 Bedroom
$1,705
$1,440
+16% in New York City, NY
2 Bedroom
$1,781
$1,741
+2% in New York City, NY
3 Bedroom
$2,065
$2,053
+1% in New York City, NY

Buying a Home

Median Home Value
$751,700
$557,600
+26% in New York City, NY

Income

Median Household Income
$79,713
$88,792
+11% in Portland, OR
Metro Median Wage (annual)
$61,430
$60,690
+1% in New York City, NY

People & Lifestyle

Median Age
38.0 yr
38.6 yr
+0.6 yr in Portland, OR
Homeownership
32.8%
52.8%
+20.0 pp in Portland, OR
Bachelor's+ (25+)
41.0%
53.5%
+12.5 pp in Portland, OR
Avg Commute
40.6 min
24.6 min
+16.0 min in New York City, NY

Crime (per 100k/yr)

Violent Crime
690.9
731.7
+6% in Portland, OR
Property Crime
2,413.5
5,605.5
+132% in Portland, OR

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
55.0°F
54.5°F
+0.5°F in New York City, NY
Annual Precipitation
49.9 in
42.9 in
+7.1 in in New York City, NY

Gas

Regular Gasoline
$4.44/gal
$5.57/gal
+25% in Portland, OR

Area: New York City vs West Coast (PADD 5).

Public Transit

Base Fare (one-way)
$3.00
$2.80
+7% in New York City, NY

Adult base one-way fare — MTA vs TriMet (2026).

Utilities

Electricity (¢/kWh)
28.6
14.9
+48% in New York City, NY
Natural Gas ($/MCF)
$18.90
$17.98
+5% in New York City, NY

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.14
$4.37
+6% in Portland, OR
Bread (lb)
$1.92
$2.10
+9% in Portland, OR
Eggs (doz)
$2.25
$2.25
about equal
Ground Beef (lb)
$6.90
$7.23
+5% in Portland, OR
Chicken (lb)
$2.02
$2.14
+6% in Portland, OR
Bananas (lb)
$0.68
$0.74
+9% in Portland, OR

Average prices — Northeast vs West (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (NY / OR)
4%
None
+4.0 pp in NY
Income Tax (top rate)
10.90%
9.90%
+1.0 pp in NY

New York City vs Portland — FAQ

Is it cheaper to live in New York City or Portland?
Portland, OR is cheaper. Its monthly baseline of $1,600 (1BR rent + utilities) runs about 20% below New York City, NY's $1,990, mainly because of rent.
How much more do you need to earn to live in New York City than in Portland?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $68,000 a year in New York City versus $58,000 in Portland.
Which has lower taxes, New York City or Portland?
New York City is taxed under New York's rules (a top state income tax rate of 10.90% and a 4% state sales tax); Portland under Oregon's (a top state income tax rate of 9.90% and no state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).