The 10 Most Expensive Places To Live In Maine For 2021


We used science and data to determine which cities in Maine that will put a big dent in your wallet.

HomeSnacks is reader-supported. When you click through real estate links on our site, we earn an affiliate commission. Learn more.
Editor’s Note: We updated this article for 2021. This is our seventh time ranking the most expensive places to live in Maine.

Everyone wants a home that mixes affordability with comfort and Maine does this very well. Families love the Pine Tree State's beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state -- and that's how we're going to help you.

These are the places in Maine that cost a pretty penny -- the most expensive cities in the state.

After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in Maine for 2021.

So where is the most expensive place to live in Maine? That would be Portland.
the 2015-2019 American Community Survey for the 22 places in Maine with more than 1,000 people.

Here are the 10 most expensive places to live in Maine for 2021:

  1. Portland
  2. South Portland
  3. Biddeford
  4. Westbrook
  5. Bath
  6. Saco
  7. Rockland
  8. Bangor
  9. Waterville
  10. Hallowell

What's the most expensive place to live in Maine? Well, HomeSnacks crunched the numbers and discovered that Portland is the most expensive place to live in Maine.

So hopefully Caribou (the cheapest place to live in Maine) can show these guys how to live on a budget in the coming years. Read on for how these places had costs rise faster than inflation.

And if you already knew these places were expensive, check out some more reading about Maine and the most expensive cities in the country:

The 10 Most Expensive Places To Live In Maine For 2021

1. PortlandPortland, ME

Overall SnackAbility

7.5
/10

Population: 66,595
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 4.8x (most expensive)
Income To Rent Ratio: 53.8x (3rd most expensive)
More on Portland: Real Estate | Data | Photos

The median income in Portland comes in at $60,467 and the median home value is $289,000 for 2021.

2. South PortlandSouth Portland, ME

Overall SnackAbility

8.5
/10

Population: 25,548
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 3.7x (5th most expensive)
Income To Rent Ratio: 53.1x (most expensive)
More on South Portland: Real Estate | Data | Photos

The median income in South Portland comes in at $69,290 and the median home value is $257,200 for 2021.

3. BiddefordBiddeford, ME

Overall SnackAbility

6
/10

Population: 21,462
Rank Last Year: 3 (No Change)
Home Price To Income Ratio: 4.6x (2nd most expensive)
Income To Rent Ratio: 57.2x (9th most expensive)
More on Biddeford: Real Estate | Data | Photos

The median income in Biddeford comes in at $53,120 and the median home value is $245,900 for 2021.

4. WestbrookWestbrook, ME

Overall SnackAbility

8
/10

Population: 18,633
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 3.9x (3rd most expensive)
Income To Rent Ratio: 57.7x (10th most expensive)
More on Westbrook: Real Estate | Data | Photos

The median income in Westbrook comes in at $59,460 and the median home value is $232,900 for 2021.

5. BathBath, ME

Overall SnackAbility

8
/10

Population: 8,319
Rank Last Year: 8 (Up 3)
Home Price To Income Ratio: 3.6x (7th most expensive)
Income To Rent Ratio: 56.0x (4th most expensive)
More on Bath: Real Estate | Data | Photos

The median income in Bath comes in at $48,252 and the median home value is $175,700 for 2021.

6. SacoSaco, ME

Overall SnackAbility

8.5
/10

Population: 19,497
Rank Last Year: 7 (Up 2)
Home Price To Income Ratio: 3.7x (6th most expensive)
Income To Rent Ratio: 60.1x (12th most expensive)
More on Saco: Real Estate | Data | Photos

The median income in Saco comes in at $70,517 and the median home value is $258,900 for 2021.

7. RocklandRockland, ME

Overall SnackAbility

6
/10

Population: 7,178
Rank Last Year: 4 (Down 3)
Home Price To Income Ratio: 3.9x (4th most expensive)
Income To Rent Ratio: 56.5x (7th most expensive)
More on Rockland: Real Estate | Data | Photos

The median income in Rockland comes in at $44,156 and the median home value is $172,800 for 2021.

8. BangorBangor, ME

Source: Public domain
Overall SnackAbility

5
/10

Population: 32,095
Rank Last Year: 6 (Down 2)
Home Price To Income Ratio: 3.4x (9th most expensive)
Income To Rent Ratio: 57.1x (8th most expensive)
More on Bangor: Real Estate | Data | Photos

The median income in Bangor comes in at $46,625 and the median home value is $157,000 for 2021.

9. WatervilleWaterville, ME

Overall SnackAbility

6
/10

Population: 16,577
Rank Last Year: 12 (Up 3)
Home Price To Income Ratio: 3.2x (14th most expensive)
Income To Rent Ratio: 53.5x (2nd most expensive)
More on Waterville: Real Estate | Data | Photos

The median income in Waterville comes in at $38,862 and the median home value is $125,000 for 2021.

10. HallowellHallowell, ME

Source: Public domain
Overall SnackAbility

8.5
/10

Population: 2,445
Rank Last Year: 11 (Up 1)
Home Price To Income Ratio: 3.3x (11th most expensive)
Income To Rent Ratio: 66.8x (18th most expensive)
More on Hallowell: Real Estate | Data | Photos

The median income in Hallowell comes in at $57,635 and the median home value is $192,000 for 2021.

How We Determined The Most Expensive Places To Live In The Pine Tree State For 2021

Map Of The Cheapest Places To Live In Maine
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it's actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2015-2019 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in Maine to figure out which is the most expensive.

What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 22 places in Maine that have more than 1,000 people.

The place with the highest cost of living in Maine according to the data is Portland. You can download the data here.

Taking A Chunk Out Of Your Paycheck In Maine For 2021

Well there you have it, the places in Maine that have the highest cost of living, with Portland ranking as the most expensive city in the Pine Tree State.

Here's a look at the most affordable cities in Maine according to the data:

  1. Caribou
  2. Presque Isle
  3. Gardiner

For more Maine reading, check out:

Detailed List Of The Most Expensive Cities In Maine

Rank City ExpensiveScore Population Home/Income Ratio Income/Rent Ratio
1 Portland 1.67 66,595 4.8x 53.8x
2 South Portland 3.0 25,548 3.7x 53.1x
3 Biddeford 5.0 21,462 4.6x 57.2x
4 Westbrook 6.0 18,633 3.9x 57.7x
5 Bath 6.67 8,319 3.6x 56.0x
6 Saco 6.67 19,497 3.7x 60.1x
7 Rockland 7.0 7,178 3.9x 56.5x
8 Bangor 10.0 32,095 3.4x 57.1x
9 Waterville 11.33 16,577 3.2x 53.5x
10 Hallowell 11.67 2,445 3.3x 66.8x
11 Old Town 12.33 7,474 3.2x 56.0x
12 Auburn 12.67 23,187 3.3x 63.0x
13 Ellsworth 12.67 7,991 3.3x 67.8x
14 Augusta 13.67 18,605 3.3x 60.7x
15 Brewer 14.0 9,090 3.1x 60.3x
16 Eastport 14.33 1,326 3.4x 65.6x
17 Lewiston 14.33 36,095 3.2x 59.5x
18 Calais 15.33 2,993 3.0x 56.0x
19 Belfast 15.33 6,688 3.0x 70.8x
20 Gardiner 18.33 5,657 2.8x 67.7x
21 Presque Isle 19.0 9,116 2.9x 66.5x
22 Caribou 22.0 7,710 2.1x 71.4x

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.