, a nationwide ratings system that evaluates schools based on performance on state achievement tests. (2023 Updated), Does Sam's Club Have Curbside Pickup? An Orlando home within Disney property limits has been listed for $19 million by an heiress to the Bacardi rum fortune. In 2021, the unemployment rate in Portland was 3.5%. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. The demographics of both cities are also similar in some cases but different in others. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. It rains a lot in Portland, with an average annual rainfall of 42.8 inches. Denver has a few of the biggest job markets with its biggest being research institutions. Clearly, Portland is a bit warmer than Denver, even in winter. While you can expect more snowfall in Denver, youll also experience longer winters in Portland. Both also have low humidity levels throughout the year. At most, Denver will have a humidity of 20% and Portland will have a humidity up to 40%. You could eat out less, cut back on takeout and cook more often. But even then, the price of groceries is going to significantly influence your cost of living. For one, theres been a lot of demand for homes over the past few years which has impacted their prices. Use the link below to embed the infographic from our site and automatically keep the data layer up to date. 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. You could eat out less, cut back on takeout and cook more often. And as weve seen in our earlier explorations, Portland is home to a rich music, arts and food and drink scene, with distilleries, breweries, and coffee offering amazing opportunities for entrepreneurs. Portland has more property crime while Denver has more violent crime. Youre down to two: Portland and Denver. Whatever the reason, Denver has a higher average salary with wages increasing. To maintain your standard of living in Denver, CO, you'll need a household income of: The cost of living is 12% lower in Denver, CO. Get free guidance on changes you can make to afford more home, without spending more. Despite Portlands rapid growth in recent years, its not actually that bad in terms of traffic. The average rent for an apartment in Portland is $1,680 for a 744-square-foot apartment. Denver is more known for its awesome tabletop gaming. The new construction looks like everything built anywhere in North American over the last 30 years. 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. Cities ranked 164th and 249th ( $2527 vs $2375) in the list Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. Theyre out of college and starting to become established in their careers. Big firms are hitting both cities with new jobs, especially in the tech industry and IT world. Santa Fes Art District is the Denver art scene with thirty galleries, artists hubs, and restaurants. We believe everyone should be able to make financial decisions with confidence. Both cities tend to have similar amenities and lifestyles, though some tend to find one preferable over the other. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. And it adds up. Weekly trips to the grocery store can add up, especially if food costs are high where you live. Its honestly a toss-up. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Your email address will not be published. The Common Sense Institutes recent study revealed that the citys crime rate is 28% higher than in 2011. Apr 20, 2023. 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. Do these housing costs seem low to you? According to the latest BLS data, consumers average over $7,000 per year on food expenses. In Portland, the city remains majority-white, with a population percentage of 72 percent. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. We wont send you spam. 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. Denver is 7-10 ATS, 6-11 O/U and is tied with Portland for the 15th-ranked net rating (plus-0.5). NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. One of the biggest differences between the two cities is that Denver is the capital of Colorado while Portland isnt the capital of Oregon. While a city may be experiencing employment growth, this doesnt always mean that its growing in the market that you need. Clearly, both cities have an average cost of living of around $2,000. document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_5" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Please only indicate the regions you are interested in pursuing your degree. An individual should expect to spend that much money to live comfortably. The current metro area population of Portland in 2023 is 2,220,000, a 1.05% increase from 2022. For an area with younger folk, it might mean there are several different types of jobs available. Before you get the keys to your new home, you'll have to pay closing costs. Minneapolis, MN to Denver, CO -2.2% $0.00k $30.00k $60.00k Estimated Salary change Minneapolis, MN to Denver, CO -4.6% Think Carefully Looks like this move could have a negative net change in disposable income $-1,425.3 Explanation The cost of living in Denver, CO is -2.2% lower than in Minneapolis, MN. Just like with food costs, you can curb how much you spend on entertainment by altering your behavior. Pre-qualified offers are not binding. The demographics of each city are strikingly different, though both cities are fairly young. The citys average temperatures range from 22 degrees Fahrenheit to 89 degrees Fahrenheit. 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Both cities have a little bit of a housing crisis going on, since prices are rising sharply. Denver too is a location rife with opportunities for entrepreneurs. Get your true budget and find a home with ease. However, they are not violent and do not mean to cause problems. Choosing the right mortgage can help make your home buying journey easier and more affordable. You can usually find a job looking after celebrities, executives, and average families who come to the city looking for a winter retreat. If youre planning to visit or move to a new city, knowing its average temperature and climate is important. How Much Down Payment Do You Need to Buy a Home. However, creative and cannabis-related jobs are on the rise for both. Demographics data (including population, age, ethnicity, education and gender breakdown) were compiled from the, Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. So were going to give this win to Portland. Sign up to comment on articles, engage with fellow sports fans, and contribute to high-quality discussions. This information may be different than what you see when you visit a financial institution, service provider or specific products site. This indicates that Denver is either making more jobs or has jobs available for workers. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. That means Denver has a crime rate of 48.19% per 1,000 residents. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. (2023 Updated), Does DoorDash Pay For Gas? United Nations - World Population Prospects, The current metro area population of Denver in 2023 is, The metro area population of Denver in 2022 was, The metro area population of Denver in 2021 was, The metro area population of Denver in 2020 was. Either pick will do well for you. Considering rent, its a bit more expensive to live in Portland than it is in Denver. The median home listing price in Denver is $575,000. Get matched with a top agent in your area. In the words of Tolkien, all those who wander may not be lost, but William certainly is. That's probably because we're measuring average costs for the larger metro area, not just the city limits. Locals in both cities have complained about rising housing costs, especially when it comes to homeownership. , a nationwide ratings system that evaluates schools based on performance on state achievement tests. Lets talk about it. 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. In context, a typical American pays an average of $100 for their necessities. 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. Food: Weekly trips to the grocery store can add up, especially if food costs are high where you live. The next big demographic for Denver is Black Americans at 9.18%. NerdWallet strives to keep its information accurate and up to date. We believe everyone should be able to make financial decisions with confidence. Denver, CO. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. Once you understand what they cover, they'll look less overwhelming. document.getElementById( "ak_js_3" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Instead, Portland is Oregons largest city. Unsubscribe at any time. Whether youre interested in research, becoming a doctor, or serving in the medical field, Portland is a great choice. Clearly, both cities have different job markets. Denver tends to cater to research, hospitality, and marijuana while Portland caters to technology and health. 9. Housing Prices And Rental Prices Denvers For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Do these housing costs seem low to you? NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). However, their weather, job markets, and cost of living rates are different from one another with Portland being a bit more expensive than Denver overall. Transportation: Unless youre lucky enough to work from home, you will need to factor in transportation costs when deciding where to live. Our partners cannot pay us to guarantee favorable reviews of their products or services. Denver, much like other Northwest cities, is not a cheap place to live. Gourmet food, craft beers, and hitting up shopping districts are all common things to do here. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. The average after-tax salary is enough to cover living expenses for 2.1 months in Denver compared to 1.9 months in Portland. 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. Contrary to Portlands 144 sunny days, Denver has more with approximately 300 days. With that said, both cities boast high school graduation rates above 85 percent, putting them well above most inner-city regions. While there are likely retirement-aged residents as well, the bulk of those who live in these cities is young. Since Denver has a slightly older age group, it may indicate that those who start to work in Denver also remain there and grow old there. And trust us, its not going to get cheaper, either. Both play an integral role in the economics and culture of each state. Urbanized area 2010 population: Urbanized area 2010 land area (square miles) City in urbanized area name: City 2010 population: City 2010 land area The diverse mix of people here keeps the days and nights exciting. The average age group in Portland is 35 years old. How is this tool different from other resources out there? Knowing the average group of a city can help you determine the kind of lifestyle or energy that the city has. 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. Colorado State University College of Business, University of Colorado Denver Business School, University of Colorado, Boulder Leeds School of Business, University of Denver Daniels College of Business, Top Online MBA Programs That Don't Require the GMAT or GRE, Online MBA Programs That Don't Require Work Experience, Denver MBA Programs That Dont Require the GMAT or GRE, Denver MBA Programs That Dont Require Work Experience, Bloomberg Businessweek Best Business Schools Ranking, Forbes Best Business School Ranking (United States), U.S. News & World Report Best Business Schools Rankings, A Guide to MBA Programs with GMAT Waivers, Top Online MBA's That Don't Require the GMAT, A Guide to MBA Programs That Dont Require the GMAT or GRE, MBA Programs That Dont Require the GMAT or GRE, MBA Programs That Dont Require Work Experience. One wanted to name it Boston and the other Portland. WebThe metro area population of Denver in 2022 was 2,897,000, a 1.22% increase from 2021. This makes Denver a bit more temperate than some of the other cities in the United States. You can essentially expect to have pleasant summers but very snowy or at least sleety winters. Participants were randomly assigned to 10 60-minute sessions of TCTSY (n=72) or 12 90-minute sessions of CPT (n=59). Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. Thats because the Intel Corporation has its headquarters and several campuses in the city. Old Portland still lives on in this neighborhood through the Victorian homes, transformed into restaurants and boutiques. All financial products, shopping products and services are presented without warranty. Another big concern that you might have when visiting a new city or moving there is safety. from the Council for Community and Economic Research. Commuting times for both Denver and Portland are both fairly low. If you opt for more adventure, head to Columbia River Gorge, where countless hiking trails and 77 waterfalls await you to explore. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. WebVisit ESPN for the game summary of the Portland Trail Blazers vs. Denver Nuggets NBA basketball game on May 24, 2021 Education data was provided courtesy ofGreatschools, a nationwide ratings system that evaluates schools based on performance on state achievement tests. For example, the cost of living in San Francisco is twice that of Boise, Idaho. There might be lots of services and entertainment venues that look to entice older Americans rather than younger ones. The increased homelessness rate in Portland has affected the residents quality of life. If its not precipitating, one can expect overcast skies for most times of the year. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. 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. When : Game 1 is Saturday, April 29 at 5:30 p.m. PT/8:30 p.m. If you like rain and clouds, Portland will be more appropriate. Overall, both have had an increase in job growth. The average number of property crimes committed each year is 32,134. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Quality of life data (gyms, bars and beauty salons per 1,000 residents) were collected from the Yellow Pages. Their populations are close enough, with Denver housing over 700 000 people while Portland is home to more than 645 000 residents. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. Mortgage preapproval is the smartest hack to homebuying and among the most misunderstood. Here's what lenders want before they'll preapprove you for a home loan. The addiction issue tends to cause high rates of property crime, though violent crime is notably below average. Its worth checking out the numbers behind that rate. Both cities have crime problems that are worth noting. However, in terms of other Both cities, however, likely have a young-focused lifestyle and economy since the average age groups are similar. When it comes to magazine rankings and similar, though, Portland tends to get the most recognition. This means that you can expect some sunlight, but it wont be constant. This neighborhood was once called the art mecca of the city, with some of the excellent galleries in town. The estimated population in Portland is 666,453. After narrowing your list of places to visit or probably potential cities to move to, you are down to two Portland and Denver. Here's how to know how much you really need. In order to compare Denver to Portland, we will review each city side by side with a list of pros and cons. Keep up with the latest trending news in sports with our daily newsletter. After stints studying theatre in Dublin and Utrecht she used her creative streak to see as much of the world as she could on as little money. idols of the third eye by cesar legaspi,