CostByCity

Cost of Living in Portland, ME

2024 data from the Bureau of Economic Analysis

Cost Index
101.9
1.9% above avg
Housing Index
105.2
Median Income
$84,095
Median Rent
$1,282/mo

Cost Breakdown

Overall101.9 (+1.9%)
Housing105.2 (+5.2%)
Goods97.2 (-2.8%)
Utilities134.6 (+34.6%)
Other Services103.2 (+3.2%)

National average = 100

Income & Housing

Median Household Income
$84,095/year
Median Home Value
$344,900
Median Monthly Rent
$1,282/mo
Per Capita Income
$47,110/year

Compare Portland, ME With

Portland, ME vs Providence, RIPortland, ME vs Albany, ORPortland, ME vs Hanford, CAPortland, ME vs Eugene, ORPortland, ME vs Fresno, CAPortland, ME vs Medford, ORPortland, ME vs Orlando, FLPortland, ME vs Cape Coral, FLPortland, ME vs North Port, FLPortland, ME vs Mount Vernon, WA

Frequently Asked Questions

Is Portland, ME expensive to live in?
Portland, ME has a cost of living index of 101.9, which is 1.9% above the national average.
How much does housing cost in Portland, ME?
Housing costs in Portland, ME are indexed at 105.2 compared to the national average of 100. The median monthly rent is $1,282.
What is the average income in Portland, ME?
The median household income in Portland, ME is $84,095 per year.
What is the average home price in Portland, ME?
The median home value in Portland, ME is $344,900.