With that said, both cities boast high school graduation rates above 85 percent, putting them well above most inner-city regions. Denver and Portland are two of the most iconic cities in the American Northwest. Most families will need well over $60,000 to feel like they are in a good state here. But the city is more than just beers. In 2021, the unemployment rate in Portland was 3.5%. Notify me of follow-up comments by email. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Median 2-bedroom apartment In 2021, there were 47.5 per 1,000 people unemployed in Portland. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. So, have fun. Pro-business policies are behind boom towns. Our partners cannot pay us to guarantee favorable reviews of their products or services. Heavy hitters in tech, retail, manufacturing and many other industries all have their headquarters in Portland. Our partners compensate us. The typical commuting time for either city is a very reasonable, low-traffic 25 minutes. Proximity to employment is an important consideration because it can drastically impact your cost of living. Denver too is a location rife with opportunities for entrepreneurs. Maggie Boccella, a lifelong resident of Philadelphia, is a freelance writer, artist and photographer. Clearly, both cities have different job markets. 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%. Its winters, on the other hand, are long, cold, and wet. (10 Reasons), Does Lowes Have Curbside Pickup? They also put a massive emphasis on various outdoor activities like hiking and biking. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. (10 Reasons), Why Is McDonalds So Expensive? 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. Utah households are bigger than Oregon ones. Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. PRIVACY POLICY TERMS & CONDITION, Portland vs Denver a Living or Travel Comparison. In terms of drinking and eating, one can describe Portland as a quality. There are ways to trim that down. Portland and Denver both have comparable costs of living. Portland, on the other hand, has had a decrease of 0.7% in wages over the past few years. If you love arts, then youre going to adore living in either city. As with any other booming city, Portland and Denver experience heavy traffic, too, especially in the metro during rush hour. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Thats because the University of Colorado-Denver and the University of Denver both reside within the city. That means Portland has a crime rate of 5.33% per 1,000 residents. With that said, Portland does have a growing homeless population on one side of town. What: The Denver Nuggets face the Phoenix Suns in a Western Conference NBA Playoffs game. When : Game 1 is Saturday, April 29 at 5:30 p.m. PT/8:30 p.m. The average salary in Portland is $73,000 a year. 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. Utah households are bigger than Oregon ones. If its not precipitating, one can expect overcast skies for most times of the year. The citys walkability is also pretty decent, though you might have a longer schlep than you were expecting. Big companies even acknowledge employees who maximize the 315-mile bikeways across Portland. Instead, Portland is Oregons largest city. The addiction issue tends to cause high rates of property crime, though violent crime is notably below average. Denver is a considerably diverse city. To get the best mortgage loan, know how much you can afford and shop like the bargain hunter you are. At the same time, the latter is known for its incredible entertainment, upscale attractions, and the cannabis industry. Portland tends to have better public transit, though, so it wins this round. Clearly, both cities have an average cost of living of around $2,000. The citys metro population of more than two million celebrates its diversity with many ethnic events, festivals, and other celebrations. Either way, you will likely enjoy your life in Portland or Denver. NerdWallet strives to keep its information accurate and up to date. WebDenver vs Portland - Cost of Living Comparison The cost of living in Denver is 6% more expensive than in Portland. There are plenty of job opportunities to find within that growing market. In Portland, the city remains majority-white, with a population percentage of 72 percent. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Denver also has to deal with homelessness. Both cities have a little bit of a housing crisis going on, since prices are rising sharply. The downtown high rises, size of the streets and the older housing is very, very Midwestern in style. Please check your download folder. This can give you an idea of the average amount of money that people make. Proximity to employment is an important consideration because it can drastically impact your cost of living. 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. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. However, it will still boil down to your preferences and minor details. Both cities have amazing amenities and a lifestyle that would be considered enviable by most people in America. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. One wanted to name it Boston and the other Portland. In Denver, its even lower, at a jaw-dropping 2.7 percent. Old Portland still lives on in this neighborhood through the Victorian homes, transformed into restaurants and boutiques. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. Pre-qualified offers are not binding. But even then, the price of groceries is going to significantly influence your cost of living. Do not sell or share my personal information. There are plenty of public transportation options that you can choose from, if you dont have a car. It was in 1881 that Denver became the official capital of Colorado. (10 Reasons), Why Is Taco Bell So Expensive? This is also evidenced by the unemployment rate in Denver. The universities need staff members of all kinds to stay operational. Both cities average about 25 to 26 minutes in terms of commute time. However, the Denver territory became an ideal place to build services that the miners would need. Schools are good, food shopping is convenient, and the restaurant life is nothing short of amazing. Because thats how it is in the city, most people look for organic and locally-grown products. The demographics of both cities are also similar in some cases but different in others. The average home value in Portland is $607,265. One of the most important aspects to consider when moving to a city is the average salary. Do these housing costs seem low to you? The Washington Park, Confluence Park, and Cherry Creek Bike Path are ideal green spaces in the metro. Gourmet food, craft beers, and hitting up shopping districts are all common things to do here. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Get your true budget and find a home with ease. For example, the cost of an unlimited MetroCard in New York was obtained from the. Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. You can even do neighborhood hopping here as the Pearl District sits close to the Old Town Chinatown, downtown, and Northwest Portland. The unemployment rate is a half of a percent higher in Denver than in Portland, which could help you to put a check in its pros column. The people of Portland love art. Denver is more known for its awesome tabletop gaming. Denver, much like other Northwest cities, is not a cheap place to live. Denver is equally appealing for its diverse industries and highly educated population. the estimated difference in money purchasing power. Along with Nike, Boeing, Columbia Sportswear, and manufacturing company Daimler, Portland has an amazing array of startups that b-school grads will find appealing. The presence of parks and other natural landmarks make Portland one of the cities that promotes eco-friendliness. However, the city is also home to several other businesses and attractions. No one wants to visit or live somewhere where they have to constantly worry about home break-ins, car thefts, or violent crimes. Property crimes include things like theft and property damage. The city may be one of the least diverse metropolitan areas in the United States, but Portlands metro is one of the most varied regions in Oregon. The diverse mix of people here keeps the days and nights exciting. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. There are ways to trim that down. (2023 Updated), How Late Does DoorDash Deliver? This is above the Since these are both large schools, education is also a big employer in the area. The problem may be even worse if youre used to one extreme and end up moving to another extreme. All financial products, shopping products and services are presented without warranty. WebDenver vs. Portland: Full Comparison. These two cities are famous for their excellent street art and heavily-endowed galleries and museums. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. For example, the cost of an unlimited MetroCard in New York was obtained from theMTA website. However, creative and cannabis-related jobs are on the rise for both. However, in terms of other Violent crime rates in the city reflect this too, via both assault and murder charges. It might also indicate that the jobs the city is making arent ones that people want to work in. What will be the things you need to consider? We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. When evaluating offers, please review the financial institutions Terms and Conditions. Another critical factor that people need to consider before moving to a new city is the job market. The current metro area population of Portland in 2023 is 2,220,000, a 1.05% increase from 2022. Both cities have a great reputation for education, above average expenditures per student, and tons of after-school activities. Denver seems very classically Midwestern to me. They both got their start as frontier towns looking to cash in on a gold rush. Capitol Hill is one of the favorites for locals and first-timers alike. Looking for help? Also, recent job growth in Denver comes in at 2.8 percent, compared with Portlands rate of just under one percent. Because Denver is Colorados capital, you can expect a lot of the services in the city to cater to government officials. Portland also started due to a gold rush in California. (2023 Updated), Does DoorDash Pay For Gas? Learn how your comment data is processed. You may find it difficult to adapt and regret moving there or even taking a vacation there. Denver and Portland also have a lot of great food areas, though Portland is more noted for its selection. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Denver? It is even the home to the second-most number of microbreweries, next to Oregons Portland. 4. (2023 Updated), When Does Walmart Restock? Get matched with a top agent in your area. That means Denver has a crime rate of 48.19% per 1,000 residents. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. All financial products, shopping products and services are presented without warranty. Please consider telling us about your city. This makes Denver a bit more temperate than some of the other cities in the United States. 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. Ranked in Forbes Top Five Places for Business and Careers, the city also boasts one of the largest knowledge based economies in the country. Choosing the right mortgage can help make your home buying journey easier and more affordable. The average number of violent crimes committed each year is 6,336. Theyre sporty, love the outdoors, and also tend to enjoy things like horseback riding. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Denver, CO. For one, theres been a lot of demand for homes over the past few years which has impacted their prices. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. 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. Either pick will do well for you. 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. Both cities tend to have similar amenities and lifestyles, though some tend to find one preferable over the other. Thats because the Intel Corporation has its headquarters and several campuses in the city. 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. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from theU.S. Census. The average age group in Denver is 37 years old. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. There are ways to trim that down. The average number of violent crimes committed each year is 3,481. Sign up to comment on articles, engage with fellow sports fans, and contribute to high-quality discussions. Meanwhile, the people in Portland tend to pay more attention to the hipstery things in life. Both Denver and Portland have very close populations, but Denver has a few more people living in it. Its more of a sunny and dry place compared to Portland. 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 average rent of an apartment in Denver is $1,879 for an 842-square-foot apartment. 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. Pro-business policies are behind boom towns. In terms of graduation rates and continuing rates, Portland is a clear winner. While both cities feel pretty dry, Portland has a bit more humidity than Denver. The Northwest is famous for its drizzle or a mist that typically lasts the whole day. United Nations population projections are also included through the year 2035. 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. What: The Denver Nuggets face the Phoenix Suns in a Western Conference NBA Playoffs game. 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. The cost of living in Denver is 6% more expensive than in Portland. The citys average temperatures range from 22 degrees Fahrenheit to 89 degrees Fahrenheit. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Keep up with the latest trending news in sports with our daily newsletter. Choosing the right mortgage can help make your home buying journey easier and more affordable. Youre down to two: Portland and Denver. 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. However, Portland has a higher chance of property crime occurring than Denver. Santa Fes Art District is the Denver art scene with thirty galleries, artists hubs, and restaurants. That means Portland has a crime rate of 49.25% per 1,000 residents. 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. The next big demographic for Denver is Black Americans at 9.18%. 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. However, Portland also faces a unique situation in being Oregons biggest city. The Pioneer Courthouse Square, Oregon Museum of Science and Industry and the Portland Childrens Museum are notable places you might want to check when in the city. You will not run out of outdoor places to go to as both are homes to beautiful parks. The average rent for an apartment in Portland is $1,680 for a 744-square-foot apartment. Overall, both have had an increase in job growth. WebThe metro area population of Denver in 2022 was 2,897,000, a 1.22% increase from 2021. (10 Reasons), Does Starbucks Take Apple Pay? 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. Colorado, and especially Denver, also has a successful marijuana industry thats growing. There are ways to trim that down. Clearly, Portland is a bit warmer than Denver, even in winter. Both Portland and Denver have their own quirks that make them pretty popular among different groups. And it adds up. United Nations population projections are also included through the year 2035. Either way, both cities have a young average age group with Denver having a slightly older median age. Here are a few differences between Denver and Portland. Both Denver and Portland have similar average salaries, but they are different. In its early history, it became known as the most dangerous port city in the world. This information may be different than what you see when you visit a financial institution, service provider or specific products site. En Denver hay un buen arranque de un Barton al que el equipo The Common Sense Institutes recent study revealed that the citys crime rate is 28% higher than in 2011. Per capita, Multnomahs income of $45,000 is larger than Salt Lake Countys per capita income of $37,000. It also has a strong job market in healthcare thanks to the Oregon Health & Science University and Providence Health & Services being in the city. As a registrant, you will also gain access to resources, advice and exclusive offers as you research and pursue your graduate business school options. Denver has the exact opposite position. Here's how to know how much you really need. A few wars and massacres would effectively displace the indigenous people and force them into new territory. If you opt for more adventure, head to Columbia River Gorge, where countless hiking trails and 77 waterfalls await you to explore. Denver has a pointedly Western feeling that people adore. The more money you have, the easier itll be to acclimate to the high price tag of everything around you. The 10 states that saw the biggest population gains have an average maximum income tax of 3.8 percent. It has higher rates of violent crimes while property rates are declining. 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. Both Portland and Denver have their perks. Suppose you find fun in exploring exciting mountain peaks and valleys. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Last edited by pnwguy2; 08-31-2016 at 09:19 PM .. 09-01-2016, 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. Denver is 7-10 ATS, 6-11 O/U and is tied with Portland for the 15th-ranked net rating (plus-0.5). If youre used to temperate weather, for example, moving somewhere that frequently has hot or cold temperatures can be a shock. So how do we make money? So were going to give this win to Portland. While Denver may not have as high a number of violent crimes, there is a decent chance that a criminal might try to break into your home or car. 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. Meanwhile, violent crime sits at a 25-year high. These days there are seemingly endless ways to brew a cup of coffee in the morning. Commuting times for both Denver and Portland are both fairly low. Not a good look, Portland! This also drives up the prices of their homes. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. 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. Your email address will not be published. Because of its reputation for being a winter destination, there are tons of hotels, resorts, ski lodges, and other assorted tourist services in the area. According to the latest BLS data, consumers average over $7,000 per year on food expenses. We dont need to really go here, since Portland is legendary for rainfall and having cloudy weather. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). In 2022, there were 48.1 per 1,000 people unemployed in Portland. Here is a list of our partners. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. This can also indicate the kind of jobs that are available in the area. Locals in both cities have complained about rising housing costs, especially when it comes to homeownership. What is the breakdown of the cost of living? This addiction relatively causes higher property crime rates. Its mostly a matter of a city thats overwhelmed and trying to work on its problems at its own pace. 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. If you like dryness, Denver will fit better. Meanwhile, Denvers creative scene is also through the citys nightlife. For an area with younger folk, it might mean there are several different types of jobs available. Prices for goods and services in Denver and Portland are partly crowdsourced by our visitors, just like yourself. The places they are flocking to have lower taxes. (2023 Updated), Does Kroger Take Apple Pay? Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Lets talk about it. Portland, OR. Los de Malone se recuperaron de una dura derrota ante Clippers, desquitndose frente a un Portland con muchas ausencias. 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. 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. Though they both have high costs of living, Denver is still approximately 1.5 percent cheaper. 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. (2023 Updated), Does Taco Bell Have Salads? Denver has a crime index of two, which means its safer than 2% of other cities in the United States. Over 20 percent of the citys population has at least some college under their belt. Last Updated Sep 18, 2019 by Maggie Boccella[ssba]. After narrowing your list of places to visit or probably potential cities to move to, you are down to two Portland and Denver. Considering that how much you pay monthly for your home or apartment can impact the rest of your finances, its worth knowing which is more affordable. NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. Pre-qualified offers are not binding. This information may be different than what you see when you visit a financial institution, service provider or specific products site. A saloon and a few housing projects were among the first structures built. 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. Portland has also seen an increase in employment. Due to the issue of gun control, many people believe that Denver has a mass shooting problem. 17% lower. The citys violent crime is currently below average. A low rate can save you hundreds each year. In context, a typical American pays an average of $100 for their necessities. However, another significant social issue the city faces is public safety. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Moving to either city can be a good choice, but it all depends on what you are looking for. Its honestly a toss-up. 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.
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