Cost of Living: Lake Oswego, OR vs Portland, OR
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,006/mo in Lake Oswego, OR versus $3,939/mo in Portland, OR. In the model, rent is about 29.59% of gross in Lake Oswego, OR versus 23.26% in Portland, OR, so Portland, OR tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Lake Oswego, OR and Portland, OR.
At a glance
- Cheaper overall (lower cost-of-living index): Lake Oswego, OR
- Lower rent (median 1BR/2BR): Portland, OR
- Lower home prices: Portland, OR
- Higher median household income: Lake Oswego, OR
Cost of Living Index
Lake Oswego, OR: 100 (U.S. = 100) · Portland, OR: 118.6 (U.S. = 100)
Lake Oswego, OR has a lower cost-of-living index than Portland, OR, so a given salary generally stretches further there.
Median Rent
Lake Oswego, OR: $1,930/mo (midpoint of 1BR/2BR) · Portland, OR: $1,517/mo
Median rent in Lake Oswego, OR is $413/mo higher than in Portland, OR.
Median Home Price
Lake Oswego, OR: $894,000 · Portland, OR: $557,600
Median home price in Lake Oswego, OR is $336,400 higher than in Portland, OR.
Median Household Income
Lake Oswego, OR: $140,441 · Portland, OR: $88,792
Lake Oswego, OR has a higher median household income than Portland, OR by $51,649.
Lake Oswego, OR overview · Portland, OR overview · Popular comparisons