Regional News

Report: It Costs $60K To Live Comfortably In Portland

(Undated)  --  A new report from a personal-finance website says it costs at least 60-thousand-dollars to live comfortably each year in Portland.  GoBankingRates.com says that's seven-thousand-dollars above the median annual household income in Portland.  The formula used to figure the cost of living is based on a budget of 50-percent of earnings on necessary expenses, 30-percent on discretionary expenses and 20-percent on savings.  The GoBankingRates.com report says it costs more than 87-thousand-dollars a year to live comfortably in New York City, and nearly 73-thousand a year to cover necessities, expenses and savings in Seattle.

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