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But the same extreme can be found in Denver with snow. For example, Denvers population has 72.2% White Americans living in it while Portlands population has 75.32% White Americans living in it. These original art murals are composed of a distinct medium of expression which can serve the public interest. Clearly, both cities have different job markets. The average age group in Portland is 35 years old. The average salary in Denver is $74,000 a year. Both cities have quirks that make them significantly known among several groups. Whatever the reason, Denver has a higher average salary with wages increasing. It exudes a more suburb and residential feel but still includes vibrant nightlife, and the dining options are spread throughout the neighborhood. Price collection by city is conducted in strict conformance with standard specifications at specified times. Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. It was in 1881 that Denver became the official capital of Colorado. There are ways to trim that down. When evaluating offers, please review the financial institutions Terms and Conditions. Both Denver and Portland have many similarities. Denver, on the other hand, has the fastest-growing income between the two and also scored high for people who love board games. Despite Portlands rapid growth in recent years, its not actually that bad in terms of traffic. It comprises trains and buses which offer several fare choices such as day passes, one-way passes, monthly passes, and ten-ride ticket books. A low rate can save you hundreds each year. Denver seems very classically Midwestern to me. How to Get Preapproved for a Mortgage and Why It Matters. The downtown high rises, size of the streets and the older housing is very, very Midwestern in style. Do not sell or share my personal information. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. And it adds up. After narrowing your list of places to visit or probably potential cities to move to, you are down to two Portland and Denver. Sign up to comment on articles, engage with fellow sports fans, and contribute to high-quality discussions. However, another significant social issue the city faces is public safety. It is also the county seat of Denver Both average age groups are very similar, but Denver has a slightly older age group living within it. Lately, Portland has gained a bit of a reputation for racism among certain parts of time. If you are from a city with more sun, it might be a big adjustment. If you take a look at the play-by-play of each city, its clear that there is a tie. If you wander off the city streets, remember to bring eco bags and keep your trash with you, as carrying groceries with plastic containers and littering are frowned upon. 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. So how do we make money? Portland has also seen an increase in employment. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. (2023 Updated). Before you get the keys to your new home, you'll have to pay closing costs. 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. There are plenty of job opportunities to find within that growing market. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. Powells City of Books is considered the worlds biggest used and new bookstore located at an entire block and is home to about one million books. (2023 Updated), Does Trader Joes Take EBT? All financial products, shopping products and services are presented without warranty. The citys violent crime is currently below average. Most of the time, the only real complaint that people tend to have involves the weather. The more money you have, the easier itll be to acclimate to the high price tag of everything around you. 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Portland faces a drug problem, especially in areas near homeless encampments in some places in town. Pro-business policies are behind boom towns. WebDenver vs Portland Cost of Housing. (10 Reasons), Does Lowes Have Curbside Pickup? Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. the estimated difference in money purchasing power. Urbanized area 2010 population: Urbanized area 2010 land area (square miles) City in urbanized area name: City 2010 population: City 2010 land area How to Get Preapproved for a Mortgage and Why It Matters. 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. Since these are both large schools, education is also a big employer in the area. 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. One wanted to name it Boston and the other Portland. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). So were going to give this win to Portland. 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. One of the most important aspects to consider when moving to a city is the average salary. (Top 10 Reasons), Can You Return Paint At Lowes? How are you going to choose? 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. Pre-qualified offers are not binding. Gourmet food, craft beers, and hitting up shopping districts are all common things to do here. Portland is famous for its thousands of acres of parks, including Forest Park, the countys most extensive urban forest at 5 157 acres. The average after-tax salary is enough to cover living expenses for 2.1 months in Denver compared to 1.9 months in Portland. With that said, both cities boast high school graduation rates above 85 percent, putting them well above most inner-city regions. Locals in both cities have complained about rising housing costs, especially when it comes to homeownership. With that said, Portland does have a growing homeless population on one side of town. The land got its name after a coin toss between two investors. Here's how to know how much you really need. Game summary of the Phoenix Suns vs. Denver Nuggets NBA game, final score 107-125, from April 29, 2023 on ESPN. United Nations population projections are also included through the year 2035. According to the latest BLS data, consumers average over $7,000 per year on food expenses. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Before you get the keys to your new home, you'll have to pay closing costs. Proximity to employment is an important consideration because it can drastically impact your cost of living. Get matched with a top agent in your area. Pro-business policies are behind boom towns. It has higher rates of violent crimes while property rates are declining. Auto thefts and property crime rates are two of the highest in the US. That means Portland has a crime rate of 49.25% per 1,000 residents. All financial products, shopping products and services are presented without warranty. If you want to be a software engineer or work in technology, Portland has a great job market. All financial products, shopping products and services are presented without warranty. Most families will need well over $60,000 to feel like they are in a good state here. How is this tool different from other resources out there? It might also indicate that the jobs the city is making arent ones that people want to work in. She has consulted on various film and multimedia projects, and she also serves as a juror for the city's annual LGBTQIA Film Festival. 17% lower. For some sugar rush, visit the famous Voodoo Doughnut. Portland also started due to a gold rush in California. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. You can usually find a job looking after celebrities, executives, and average families who come to the city looking for a winter retreat. A few wars and massacres would effectively displace the indigenous people and force them into new territory. However, in terms of other aspects of demographics, the two cities are significantly different. As weve discussed in previous stories, the Portland economy is on the rise. NerdWallet strives to keep its information accurate and up to date. This neighborhood was once called the art mecca of the city, with some of the excellent galleries in town. 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. 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. But even then, the price of groceries is going to significantly influence your cost of living. When in Portland, theres always beer. Match with reputable MBA/MS programs in minutes by completing your applicant profile with MetroMBA. The quality of life in both cities is comparable, though Portland has more rain. You need beautiful weather, dozens of options for outdoor fun, nightlife, food and drink, an innovation economy, and a competitive cost of living. Its winters, on the other hand, are long, cold, and wet. They both offer a fair amount of quirky charm, but we are going to have to go with Portland for this arena. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. THE COLD WIRE IS A REGISTERED TRADEMARK OF COLD WIRE MEDIA. On the other hand, Portland remains majority-white, having a 72% population rate. An official website of the United States government, Measuring America's People, Places, and Economy, Skip main content area to page footer navigation, Largest Urbanized Areas With Selected Cities and Metro Areas, Skip page footer navigation back to top horizontal navigation, Urbanized area 2010 land area (square miles), New York-Northern New Jersey-Long Island, NY-NJ-PA Metro Area, Los Angeles-Long Beach-Santa Ana, CA Metro Area, Chicago-Joliet-Naperville, IL-IN-WI Metro Area, Miami-Fort Lauderdale-Pompano Beach, FL Metro Area, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area, Dallas-Fort Worth-Arlington, TX Metro Area, Houston-Sugar Land-Baytown, TX Metro Area, Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area, Atlanta-Sandy Springs-Marietta, GA Metro Area, Boston-Cambridge-Quincy, MA-NH Metro Area, San Francisco-Oakland-Fremont, CA Metro Area, San Diego-Carlsbad-San Marcos, CA Metro Area, Minneapolis-St. Paul-Bloomington, MN-WI Metro Area, Tampa-St. Petersburg-Clearwater, FL Metro Area, Riverside-San Bernardino-Ontario, CA Metro Area, Portland-Vancouver-Hillsboro, OR-WA Metro Area. Proximity to employment is an important consideration because it can drastically impact your cost of living. Though they both have high costs of living, Denver is still approximately 1.5 percent cheaper. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Housing and rent matters are relatively more expensive in Portland. You could eat out less, cut back on takeout and cook more often. Nuggets vs Trail Blazers Sportsbook Odds The Nuggets opened as the 1-point favorite on the road with the total set at 226.5 points. The next big demographic for Denver is Black Americans at 9.18%. 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. RTDs bus routes usually thin out as distances get farther away from Denvers downtown and eventually cannot cover the citys nook and cranny. When evaluating offers, please review the financial institutions Terms and Conditions. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Denver and Portland are two of the most iconic cities in the American Northwest. Like Portland, Denver is also bike-friendly, with various bike rentals. 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. In Portland, the city remains majority-white, with a population percentage of 72 percent. Lets talk about it. Meanwhile, the people in Portland tend to pay more attention to the hipstery things in life. Denver tends to cater to research, hospitality, and marijuana while Portland caters to technology and health. 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. Portland is a bit safer when it comes to violent crimes than Denver. When evaluating offers, please review the financial institutions Terms and Conditions. How Much Down Payment Do You Need to Buy a Home. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Portland is also a pretty expensive place to rent an apartment. Both Denver and Portland have similar average salaries, but they are different. If you opt for more adventure, head to Columbia River Gorge, where countless hiking trails and 77 waterfalls await you to explore. Also, recent job growth in Denver comes in at 2.8 percent, compared with Portlands rate of just under one percent. Its mostly a matter of a city thats overwhelmed and trying to work on its problems at its own pace. You may find that one is more affordable than the other. The Mile Specialty studies in sustainable tech and social impact have a home in these schools, along with the traditional gamut of finance and management concentrations. Home / North America / Portland vs Denver a Living or Travel Comparison. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Some other facts and figures: Notably, Portland has a 0 percent sales tax, where Denvers is at the high end of the national average at 8 percent. Hiring an exterminator to get rid of termites can be quite expensive, but link to French Press Vs. Pour Over: Which Coffee Maker Is Better. But even then, the price of groceries is going to significantly influence your cost of living. (Updated 2023), Why Are Diamonds So Expensive? Denver? (2023 Updated), Does Taco Bell Have Salads? Here are a few differences between Denver and Portland. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. While both cities have a largely white population, their next-biggest minorities are different. You will see local and national artists playing various genres in various clubs throughout the metropolitan area. The average age group in Denver is 37 years old. The two cities are relatively young. Though they are both above the countrys average living costs, Denver is cheaper than Portland. Its worth checking out the numbers behind that rate. Get your true budget and find a home with ease. 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. Plus, it offers panoramic and breathtaking views. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Both cities, however, likely have a young-focused lifestyle and economy since the average age groups are similar. Since Portland has a slightly younger age group on average, it may indicate that as the population becomes older, they might decide to move out of the city. 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. (Updated 2023), What Time Does McDonalds Open? Its the minor details that can make or break your time here. ALL RIGHTS RESERVED What is the breakdown of the cost of living? Youre down to two: Portland and Denver. For example, if the average age group of a city is retirement age, then you can expect the area to cater to that group of people. That means Denver has a crime rate of 8.86% per 1,000 residents. 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. Since its so populated, there are fewer homes available and less space to build new homes on. Denver is currently growing at a rate of 1.56% annually and its population has increased by 4.84% since the most recent census, which recorded a population of 715,522 in 2020. Spanning over 155 miles, Denver has a population density of 4,893 people per square mile. The average household income in Denver is $99,151 with a poverty rate of 13.98%. However, Portland also faces a unique situation in being Oregons biggest city. People in Denver pay $128.70 for similar things, while those in Portland need to pay around $130.80 for their necessities. Not a good look, Portland!
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