Is Gresham Expensive?

Portland, United States

-30% vs Portland avg

Living in Gresham, Portland

Gresham is one of the most affordable neighborhoods in Portland, with a cost of living index of 47.0 — that is -30% compared to the Portland average. Ranked #30 of 30, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around $1,260/month, compared to a range of $1,260 in Gresham to $2,340 in Pearl District.

Monthly Budget Breakdown

For a typical resident of Gresham, housing takes up roughly 31% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $50,400 before tax.

Typical Salaries in Gresham

Salaries in Gresham reflect the local cost of living. Based on the neighborhood COLI of 47.0:

After tax and deductions of 28.9% in United States, take-home pay for someone earning $50,400 would be roughly $35,834/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

47.0
COLI Index
0.70x
vs City Avg
$1,260
Est. 1BR Rent
#30
of 30 Areas
28.9%
Total Deductions

Tax & Deductions in Gresham

Estimated annual deductions on a $35,250 salary in Gresham, Portland (local employee).

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
State Income Tax (OR)
9.9%
Total Deductions: 28.9%
Est. Take-Home: $25,066/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Gresham would need to be elsewhere:

City Currency Equivalent
New York USD $35,250
London GBP £30,336
Dubai AED AED 176,383

Other Neighborhoods in Portland

Neighborhood COLI Multiplier vs Avg
Pearl District 87.4 1.30x +30%
Lake Oswego 86.0 1.28x +28%
Nob Hill / NW 23rd 82.0 1.22x +22%
South Waterfront 79.3 1.18x +18%
Downtown Portland 77.3 1.15x +15%

View all 30 neighborhoods in Portland →

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Compare Gresham

Gresham vs Lents Gresham vs Sunnyside Gresham vs Pearl District Gresham vs Oregon City

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Gresham:

Spring, Houston Cypress, Houston International City, Dubai Surrey, Vancouver Murfreesboro, Nashville Goodlettsville, Nashville

Frequently Asked Questions

Is Gresham expensive in Portland?

Gresham is one of the more affordable neighborhoods in Portland. It costs about -30% less than the city average, ranking #30 out of 30 neighborhoods.

How does Gresham compare to the Portland average?

The cost of living in Gresham is well below the Portland average. With a multiplier of 0.70x, everyday expenses including rent, food, and transportation are -30% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.