Cloverdale, IN vs Portland, IN

Cloverdale, IN and Portland, IN have a very similar cost of living, with only a 2.5% difference in their overall index. Cloverdale scores 64 while Portland scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cloverdale is $699/month compared to $722/month in Portland — a 3% difference. Interestingly, home values tell a different story: while Cloverdale has cheaper rent, Portland actually has lower median home values ($90,600 vs $117,300).

Median household income in Cloverdale is $47,016 compared to $45,431 in Portland (+3.5%). While Cloverdale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cloverdale spend roughly 17.8% of their income on rent, less than the 19.1% in Portland.