CostIndexUSA

Portland, OR vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Portland
105.4
overall index
$1,775/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is moderately cheaper than Portland — 12.0% lower overall cost of living.

To match an $80,000 salary in Portland, you would need $70,400 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing42.8%
Portland
125.1
Springfield
71.6
🛒 Groceries11.0%
Portland
105.2
Springfield
93.6
🚗 Transportation≈ Equal
Portland
105.1
Springfield
104.6
🏥 Healthcare≈ Equal
Portland
95.1
Springfield
94.6
Utilities15.5%
Portland
107
Springfield
90.4

Salary Equivalency Calculator

Enter your current salary in Portland to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, IL
$70,400
$9,600 less needed in Springfield

Formula: salary × (92.7 ÷ 105.4) = salary × 0.8795. Based on BEA Regional Price Parities.

Housing Market

Portland, OR

Median Home Price
$536,000
Median Monthly Rent
$1,775
Housing Index
125.1
Price-to-Rent Ratio
25.2×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Portland has 42.8% lower housing costs compared to Springfield.

Income & Job Market

Portland, OR

Median Household Income
$94,900
Per Capita Income
$54,100
Unemployment Rate
3.8%
Population
652,503
Top Industries
TechnologyHealthcareManufacturingRetailTourism

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Portland, OR
4.5×income-to-rent ratio

78% of income left after rent (median)

Springfield, IL
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.