Portland, ME Cost Of Living

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Updated: 2020-03-08
Portland's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Portland is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Portland, ME?

According to the most recent data on the cost of living, Portland has an overall cost of living index of 115 which is 1.1x higher than the national index of 100.

Compared to only Maine, Portland has a cost of living index that's 1.1x higher than Maine's index of 105.

The standard of living in Portland ranks as #4502 most affordable out of the 6522 places we measured in Maine. By definition, that implies Portland ranks as the #1904 most expensive place in the Pine Tree State.

For more reading on life in Portland, check out:

Portland Cost Of Living Vs. Maine

Living Expense Portland Maine National Average
Overall 115 105 100
Services 115 115 100
Groceries 109 109 100
Health 114 114 100
Housing 125 92 100
Transportation 102 102 100
Utilities 107 107 100
For more reading on cost of living around Maine, check out:
Portland Cost of Living Vs. ME

Portland, ME Housing Cost Breakdown

Housing swings affordability the most between places in Maine, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Portland Maine United States
Median Home Value $273,400 $184,500 $204,900
Median Rent $1,079 $831 $1,023
Median Income $56,977 $55,425 $60,293
Home Value To Income 4.8x 3.3x 3.4x
Rent To Monthly Income 0.23x 0.18x 0.2x

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Cost Of Living In Cities Around Portland

City Population Cost Of Living Vs. Portland
South Portland, ME 25,515 114 1.0x
Saco, ME 19,342 113 1.0x
Westbrook, ME 18,417 109 0.9x
Old Orchard Beach, ME 8,809 108 0.9x
Gorham, ME 6,711 113 1.0x
Yarmouth, ME 5,608 122 1.1x

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