Median rent is 6% lower in Portland ($1,655/mo vs $1,758/mo). Buying is cheaper in Miami, where the median home runs $518,100 versus $581,500. Households earn more in Portland ($90,919 vs $62,462 a year). Taken together, Portland is the more affordable choice with a cost index of 101.5 against 112.1 — about 9% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Portland, OR.
Cost of living verdict
Portland is 9% cheaper overall
Cost of Living Index: 101.5 in Portland vs 112.1 in Miami (US national average = 100)
City A
Miami, FL
City B
Portland, OR
How much would you need to earn in Portland, OR to maintain your standard of living from Miami, FL?
Equivalent salary in Portland, OR
$67,923
You could earn $7,077 less (9% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Miami
Florida
Portland
Oregon
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rent is modestly lower in Portland at $1,655/mo compared to $1,758/mo in Miami (6% gap). Median home values are within 11% of each other: $518,100 in Miami and $581,500 in Portland.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Miami
Income tax: N/A
Sales tax: N/A
Portland
Income tax: N/A
Sales tax: N/A
Portland has cleaner air on average: 26.0 AQI (Good) compared to 37.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Portland if you prioritize lower overall cost of living (index 101.5 vs 112.1).
Pick Portland if you prioritize higher median household income ($90,919/yr).
Pick Portland if you prioritize cleaner air quality (avg AQI 26.0).
Is Miami cheaper than Portland?
Portland is cheaper overall, with a cost of living index of 101.5 versus 112.1 (US average = 100). That means prices run about 9% lower in Portland.
How much is rent in Miami vs Portland?
Median rent is $1,758/mo in Miami, FL and $1,655/mo in Portland, OR. Portland, OR has the lower rent by about 6%.
Which has higher salaries — Miami or Portland?
Median household income is $62,462 in Miami, FL and $90,919 in Portland, OR. Portland, OR has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Portland, OR has better air quality on average: 26.0 AQI versus 37.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Miami or Portland?
State tax data is not yet available for one or both cities.
What salary do I need in Portland to match my Miami income?
To maintain the same purchasing power, a salary of $100,000 in Miami, FL is equivalent to roughly $90,564 in Portland, OR (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
