Portland, TN, shows a cost of living index that is generally below the nationwide average of 100. Housing costs 15% less, while groceries and healthcare costs are slightly above the national average, with healthcare being 2% higher. Utilities, transportation, and miscellaneous costs are also closer to the average, with slight variations.
Compared to the national average, Portland’s overall cost of living stands at 93%. This means residents can expect to spend about 7% less on living expenses than the average American. This could be an attractive factor for those looking to relocate.
Portland, Tennessee, offers a relatively affordable cost of living compared to the nationwide average, which is set at 100. Housing costs in Portland are significantly lower, standing at 85. This means that housing expenses in Portland are 15% cheaper than the national average. Individuals and families can find more affordable living spaces, which helps in managing overall living costs effectively.
Other essential expenses also reflect affordability. Groceries, for example, cost 95 in Portland, which is just 5% below the nationwide average. Utilities follow closely at 90, indicating an even more cost-effective option in this area. Transportation costs are slightly higher but still quite reasonable at 95. Healthcare costs in Portland are only marginally above the average at 98, which is just 2% higher. Miscellaneous expenses also remain close to the national average, sitting at 92. This combination of lower housing costs and only slightly higher expenses for other necessities makes Portland a highly attractive option for those looking to reduce their overall living expenses while still enjoying a decent quality of life.
