Portland, OR | World’s Best Cities

Portland, OR

Portland’s famed DIY ingenuity powers local stalwarts—from Nike to the newly opened Flock food hall inside the Ritz‑Carlton (the luxury company’s first flag in the Pacific Northwest), currently anchoring a culinary revival downtown. The $2.15‑billion main terminal expansion at #34-ranked PDX debuted last year, doubling capacity under a soaring mass‑timber canopy and adding 20 new concession spaces packed with local icons like Powell’s and Blue Star Donuts. Investors note Intel’s ongoing $36‑billion R&D build‑out in suburban Hillsboro and Daimler’s quiet electric truck ramp‑up, fortifying a tech-manufacturing cluster that helps push metro weekly wages to almost $1,500, well above the U.S. average. Housing is stabilizing: the median sale price hit $518,000 in early 2025, up 6% year over year, while the city logged its first post‑pandemic population uptick in 2024. Big projects have also returned, with ground breaking on a 14‑story, 230‑unit affordable anchor for the 34‑acre Broadway Corridor, and a $1‑billion remake turning the aging Lloyd Center into a vibrant mixed‑use neighborhood. America’s #1 biking city is also big on transit: TriMet’s $1.75‑billion plan wants to connect 50,000 more residents to 15‑minute bus service and expand park‑and‑rides. No wonder the city is #8 in our overall Livability index.