Portland vs Memphis
Cost of living comparison — C2ER 2024-2025 data
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Memphis is 38% cheaper than Portland overall.Portland has a cost of living index of 133 vs Memphis at 83 (national average = 100). The biggest difference is housing — Portland costs 62% more.

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Portland
OR
133
COLI index
VS
Memphis
TN
83
COLI index
Category Breakdown
| Category | Portland | Memphis | Difference |
|---|---|---|---|
| Overall COLI | 133 | 83 | -38% |
| Housing | 198 | 75 | -62% |
| Groceries | 110 | 100 | -9% |
| Transport | 112 | 100 | -11% |
| Healthcare | 105 | 100 | -5% |
| Utilities | 86 | 105 | +22% |
Median 1BR Rent
Portland
$1,650/mo
Memphis
$1,050/mo
Median Home Price
Portland
$495,000
Memphis
$175,000
Median Household Income
Portland
$82,795
Memphis
$42,982
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Last updated: June 2026
Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.