Denver tends to cater to research, hospitality, and marijuana while Portland caters to technology and health. The Mile High City has nearly 30 percent over the national average and 57 percent more than Portland. Whether thats a mortgage or rent, a large percentage of your salary will go toward your housing expenses each month. Most of the time, the only real complaint that people tend to have involves the weather. Do these housing costs seem low to you? Besides its diversity, Denver is also known to be a city with several cultures and has been a venue for gathering people. Its considered to be one of the best large cities to retire in, the second-most cozy city, as well as one of the best cities for foodies. Portland has a crime index of three which means its safer than 3% of other cities in the United States. You will see local and national artists playing various genres in various clubs throughout the metropolitan area. The demographics of both cities are also similar in some cases Maggie Boccella, a lifelong resident of Philadelphia, is a freelance writer, artist and photographer. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. For example, Denvers population has 72.2% White Americans living in it while Portlands population has 75.32% White Americans living in it. The average salary in Denver is $74,000 a year. This neighborhood was once called the art mecca of the city, with some of the excellent galleries in town. There are ways to trim that down. Cost of living is also tied to income, as salary levels in a geographic area are measured against these expenses. Both cities have a great reputation for education, above average expenditures per student, and tons of after-school activities. Portland, on the other hand, tends to focus more on the hipstery stuff in life. Ranked in Forbes Top Five Places for Business and Careers, the city also boasts one of the largest knowledge based economies in the country. 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. Some of the dominant violent crimes in Denver include murder and assault charges. Also, the city is a haven for music with live music venues, annual music festivals, and comprehensive music stores. As a registrant, you will also gain access to resources, advice and exclusive offers as you research and pursue your graduate business school options. Both Portland and Denver are known for their superb street art as well as their heavily-endowed museums. Cities ranked 164th and 249th ( $2527 vs $2375) in the list While both cities have a largely white population, their next-biggest minorities are different. How Much Down Payment Do You Need to Buy a Home. Do not sell or share my personal information. Denver experiences hot summers and very cold, snowy winters. Clearly, both cities have different job markets. Both Portland and Denver have their perks. If youre used to temperate weather, for example, moving somewhere that frequently has hot or cold temperatures can be a shock. Locals in both cities have complained about rising housing costs, especially when it comes to homeownership. How are you going to choose? Unsubscribe at any time. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. and accompanying city life tool go one step further by offering information on schools, quality of life and demographics, giving users a one-stop shop to explore new cities. Denver also has to deal with homelessness. Portland is the quirky, cool city that birthed thousands of hipsters as well as a TV show calledPortlandia. 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. It exudes a more suburb and residential feel but still includes vibrant nightlife, and the dining options are spread throughout the neighborhood. Denver, much like other Northwest cities, is not a cheap place to live. Also, recent job growth in Denver comes in at 2.8 percent, compared with Portlands rate of just under one percent. But even then, the price of groceries is going to significantly influence your cost of living. Both cities have amazing amenities and a lifestyle that would be considered enviable by most people in America. 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. It rains a lot in Portland, with an average annual rainfall of 42.8 inches. French Press Vs. Pour Over: Which Coffee Maker Is Better. The average number of violent crimes committed each year is 3,481. Oregon Health & Science University and Providence Health & Services, average rent for an apartment in Portland, average cost of living for a single person, Why Is Mediterranean Food So Expensive? It is even the home to the second-most number of microbreweries, next to Oregons Portland. There are a few key differences between Denver and Portland when it comes to job opportunities and job growth. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. It might also indicate that the jobs the city is making arent ones that people want to work in. (2023 Updated), How Late Does DoorDash Deliver? WebVisit ESPN for the game summary of the Portland Trail Blazers vs. Denver Nuggets NBA basketball game on May 24, 2021 Our partners cannot pay us to guarantee favorable reviews of their products or services. Web2023 Compare Cities People: Portland, OR vs Denver, CO Change Cities Highlights - Denver is 0% more densely populated than Portland. How to Get Preapproved for a Mortgage and Why It Matters. That means Denver has a crime rate of 48.19% per 1,000 residents. A saloon and a few housing projects were among the first structures built. 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. You could eat out less, cut back on takeout and cook more often. Gourmet food, craft beers, and hitting up shopping districts are all common things to do here. Crowdsourced data is a vital part of the Internet, help us become better! So, have fun. Denver is a considerably diverse city. 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. The average age group in Denver is 37 years old. The Regional Transportation District (RTD) is the most used option for public transport in Denver. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. With that said, Portland does have a growing homeless population on one side of town. Notify me of follow-up comments by email. Im speaking of the downtown and older suburbs. 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. PRIVACY POLICY TERMS & CONDITION, Portland vs Denver a Living or Travel Comparison. Museums never get old when strolling around Denver. The current metro area population of Portland in 2023 is 2,220,000, a 1.05% increase from 2022. There might be lots of services and entertainment venues that look to entice older Americans rather than younger ones. Coming up with the cash for a down payment is the biggest roadblock for most home buyers. Denver and Portland also have a lot of great food areas, though Portland is more noted for its selection. Portlands living cost index is around 130.8, while Denvers lies at approximately 128.7. This city in Colorado has a higher diversity rate, having 53% of its total population being white. According to the latest BLS data, consumers average over $7,000 per year on food expenses. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Portland has all of the above too, with Mount Hood nearby, along with some of the countrys most beautiful forest landscapes for hiking and mountain biking. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). 2023 COLD WIRE MEDIA. You could eat out less, cut back on takeout and cook more often. Price collection by city is conducted in strict conformance with standard specifications at specified times. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Housing costs: According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. Of course no mention of Denver would be complete without acknowledging its burgeoning legal cannabis economy, in which MBAs can thrive. Plus, it offers panoramic and breathtaking views. United Nations population projections are also included through the year 2035. Some other facts and figures: Notably, Portland has a 0 percent sales tax, where Denvers is at the high end of the national average at 8 percent. Weekly trips to the grocery store can add up, especially if food costs are high where you live. In Portland, the city remains majority-white, with a population percentage of 72 percent. 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. University of Colorados Denver Business School, University of Denvers Daniels College of Business, Colorado State Universitys College of Business. In terms of crime, there seems to be a very big difference between Denver and Portland. Both cities, however, likely have a young-focused lifestyle and economy since the average age groups are similar. However, in terms of other They also put a massive emphasis on various outdoor activities like hiking and biking. It comprises trains and buses which offer several fare choices such as day passes, one-way passes, monthly passes, and ten-ride ticket books. In 2021, the unemployment rate in Denver was 3.7%. With that said, a lot of people tend to love the canna-centric side of Portland as well as the heavy-handed focus on artwork. No discussion of Portland can be completed without talk of the rainit has a whopping 26 percent more rain than Denver throughout much of the year. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. Denver has the exact opposite position. While other resources provide basic cost comparisons. So how do we make money? Violent crime rates in the city reflect this too, via both assault and murder charges. Both Denver and Portland have very close populations, but Denver has a few more people living in it. NerdWallet excluded state and local tax data because tax rates vary by state and metropolitan area, and sometimes within metropolitan area as well. The increased homelessness rate in Portland has affected the residents quality of life. In Portland, employment increased from 1,322 in December of 2021 to 1,335 in April of 2022 per 1,000 people. This information may be different than what you see when you visit a financial institution, service provider or specific products site. Portlands Pearl District puts visitors in the citys heart with easy access to dining, shopping, and cultural offerings. 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. (2023 Updated), Does DoorDash Pay For Gas? If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Both cities have quirks that make them significantly known among several groups. Obviously, if the wages are higher, this indicates that the area likely has higher-paying jobs. from the Council for Community and Economic Research. Along with Nike, Boeing, Columbia Sportswear, and manufacturing company Daimler, Portland has an amazing array of startups that b-school grads will find appealing. When : Game 1 is Saturday, April 29 at 5:30 p.m. PT/8:30 p.m. Another big job market in Denver is hospitality. While the initiatives to cope with homelessness are ideal, it can also take several million to build houses for them. While others may be tempted to see the Rocky Mountains immediately, several notable things to do in Denver warrant some sticking around for a little bit. The average number of property crimes committed each year is 32,134. If you decide to live in Portland, besides craft beers, you will be used to saying words like locally-grown, heirloom, organic, and artisanal, among others. Either way, you will likely enjoy your life in Portland or Denver. This indicates that Denver had been increasing its workers salaries while Portland hasnt. Clearly, both cities have an average cost of living of around $2,000. Hiring an exterminator to get rid of termites can be quite expensive, but link to French Press Vs. Pour Over: Which Coffee Maker Is Better. 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. - Denver has 70.1% more Sunny Theyre sporty, love the outdoors, and also tend to enjoy things like horseback riding. As miners scouted for gold, theyd find another rich vein a bit further from Denver. They both got their start as frontier towns looking to cash in on a gold rush. William Butterworth is a professional writer of both compelling content copy and fiction. Portland, on the other hand, has had a decrease of 0.7% in wages over the past few years. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. How Much Down Payment Do You Need to Buy a Home. 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 The average number of violent crimes committed each year is 6,336. And it adds up. Craft beers, gourmet food, and going to shopping districts are some of the everyday things you can expect from this city in the Pacific Northwest.
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