Quick answer
Overall prices in the Portland, OR metro were 105.4 vs 97.9 in Richmond, VA in 2024 (US = 100), so Portland is 7.7% more expensive than Richmond; housing rents differ by 26% (125.1 vs 99.1). A $75,000 income in Portland buys about what $69,619 buys in Richmond, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Portland | Richmond | Portland vs Richmond |
|---|---|---|---|
| All items | 105.4 | 97.9 | +7.7% |
| Goods | 105.2 | 96.8 | +8.7% |
| Housing (rents) | 125.1 | 99.1 | +26.2% |
| Utilities | 107.0 | 89.2 | +19.9% |
| Other services | 100.1 | 98.6 | +1.5% |
| All items, 2008 | 98.7 | 98.1 | +0.6% |
| $50,000 in Portland equals in Richmond | $46,413 | ||
| $100,000 in Portland equals in Richmond | $92,826 | ||
| $150,000 in Portland equals in Richmond | $139,239 |
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Last updated 2026-10-16. Data only, not financial or tax advice.