Can you live with 50k a year?

An annual income of $50,000 might be more than enough for a single person living in a mid-sized city. But a family of four in New York City might feel pinched on $500,000 if they live in a penthouse apartment, pay private school tuition and own a second house in the Hamptons.

How much do you need to live comfortably in Oregon?

According to a post today on GoBankingRates, you need to make $60,195 to “live comfortably” in Portland. And the median household income here is $53,230 (which still seemed pretty good to lots of folks we surveyed by reading the numbers aloud).

Is 60000 a good salary in Portland?

(KOIN) — A new report says you need to make about $60,000 per year to live comfortably in Portland, according to numbers from GoBankingRates.com. Those numbers are about $7,000 higher than the median Portland household yearly income of approximately $53,000.

Is living in Portland Oregon expensive?

Not surprisingly, its largest city, Portland, is also one of its most expensive, with a cost of living 17.7\% higher than the national average. Somewhat compensating for the high cost of living in Oregon is the higher salary range. Oregon also has one of the highest state income taxes.

What is a comfortable salary in Portland Oregon?

You need an income of $60,195 to ‘live comfortably’ in Portland, study says. A Portland resident needs to make about $60,000 to “live comfortably” in the city, according to a report by a personal finance and banking site.

Where can I live with less than 60k a year?

13 Cities Where You Can Live Comfortably On Less Than $60,000 A Year 1 El Paso, Texas. 2 Detroit. 3 Albuquerque, N.M. 4 Wichita, Kan. 5 Tucson, Ariz. 6 Las Vegas. 7 Louisville, Ky. 8 Memphis, Tenn. 9 Tulsa, Okla. 10 Indianapolis, Ind.

How much money do you need to afford to live comfortably?

According to a new report by GOBankingRates on the salary you need to afford living, out of the 60 largest cities in the U.S., you can live comfortably in only 13 of them earning an income of $60,000 a year or less.

What is it like to live in Portland Oregon?

Portland is a well-rounded region with more than just the offbeat shops and events. Museums, art galleries and the oldest public library on the West Coast feed a population with more academic degrees than the national average. The metro area’s loyal sports fans avidly support their NBA basketball team,…

Did the cost of living in Portland OR increase in 2021?

Did the Cost of Living in Portland, OR increase in 2021? Portland, OR area prices were up 3.9\% from a year ago. The largest increases were found in Transportation, Food, and Housing.