The 10 Most Expensive Places To Live In Maine For 2022


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

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Editor’s Note: We updated this article for 2022. This is our ninth 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 2022.

So where is the most expensive place to live in Maine? That would be Portland.
the 2016-2020 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 2022:

  1. Portland
  2. South Portland
  3. Biddeford
  4. Saco
  5. Hallowell
  6. Augusta
  7. Brewer
  8. Rockland
  9. Bath
  10. Lewiston

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 2022

1. Portland

Portland, ME

Overall SnackAbility

7.5
/10

Population: 66,706
Rank Last Year: 1 (No Change)
Home Price To Income Ratio: 4.9x (most expensive)
Income To Rent Ratio: 51.2x (2nd most expensive)
More on Portland: Real Estate | Data | Photos

The median income in Portland comes in at $61,695 and the median home value is $302,700 for 2022.

2. South Portland

South Portland, ME

Overall SnackAbility

8.5
/10

Population: 25,665
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 4.1x (3rd most expensive)
Income To Rent Ratio: 49.9x (most expensive)
More on South Portland: Real Estate | Data | Photos

The median income in South Portland comes in at $67,198 and the median home value is $276,100 for 2022.

3. Biddeford

Biddeford, ME

Overall SnackAbility

6
/10

Population: 21,502
Rank Last Year: 3 (No Change)
Home Price To Income Ratio: 4.7x (2nd most expensive)
Income To Rent Ratio: 56.0x (7th most expensive)
More on Biddeford: Real Estate | Data | Photos

The median income in Biddeford comes in at $54,915 and the median home value is $260,500 for 2022.

4. Saco

Saco, ME

Overall SnackAbility

8.5
/10

Population: 19,716
Rank Last Year: 5 (Up 1)
Home Price To Income Ratio: 3.8x (5th most expensive)
Income To Rent Ratio: 60.5x (10th most expensive)
More on Saco: Real Estate | Data | Photos

The median income in Saco comes in at $71,755 and the median home value is $273,100 for 2022.

5. Hallowell

Hallowell, ME

Source: Public domain
Overall SnackAbility

8
/10

Population: 2,444
Rank Last Year: 10 (Up 5)
Home Price To Income Ratio: 3.8x (4th most expensive)
Income To Rent Ratio: 63.0x (14th most expensive)
More on Hallowell: Real Estate | Data | Photos

The median income in Hallowell comes in at $56,989 and the median home value is $219,000 for 2022.

6. Augusta

Augusta, ME

Overall SnackAbility

5
/10

Population: 18,662
Rank Last Year: 14 (Up 8)
Home Price To Income Ratio: 3.8x (6th most expensive)
Income To Rent Ratio: 53.3x (5th most expensive)
More on Augusta: Real Estate | Data | Photos

The median income in Augusta comes in at $38,842 and the median home value is $145,700 for 2022.

7. Brewer

Brewer, ME

Overall SnackAbility

8
/10

Population: 9,026
Rank Last Year: 15 (Up 9)
Home Price To Income Ratio: 3.5x (9th most expensive)
Income To Rent Ratio: 55.5x (6th most expensive)
More on Brewer: Real Estate | Data | Photos

The median income in Brewer comes in at $48,450 and the median home value is $167,600 for 2022.

8. Rockland

Rockland, ME

Overall SnackAbility

7
/10

Population: 7,172
Rank Last Year: 7 (Down 1)
Home Price To Income Ratio: 3.6x (7th most expensive)
Income To Rent Ratio: 61.6x (11th most expensive)
More on Rockland: Real Estate | Data | Photos

The median income in Rockland comes in at $46,895 and the median home value is $169,300 for 2022.

9. Bath

Bath, ME

Overall SnackAbility

8
/10

Population: 8,333
Rank Last Year: 5 (Down 4)
Home Price To Income Ratio: 3.3x (12th most expensive)
Income To Rent Ratio: 62.3x (12th most expensive)
More on Bath: Real Estate | Data | Photos

The median income in Bath comes in at $55,396 and the median home value is $184,500 for 2022.

10. Lewiston

Lewiston, ME

Source: Public domain
Overall SnackAbility

5
/10

Population: 36,158
Rank Last Year: 16 (Up 7)
Home Price To Income Ratio: 3.5x (8th most expensive)
Income To Rent Ratio: 57.4x (9th most expensive)
More on Lewiston: Real Estate | Data | Photos

The median income in Lewiston comes in at $42,969 and the median home value is $150,100 for 2022.

Methodology: How We Determined The Most Expensive Places To Live In The Pine Tree State For 2022

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 2016-2020 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.

Summary: Taking A Chunk Out Of Your Paycheck In Maine For 2022

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. Eastport
  3. Calais

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 1.33 66,706 4.9x 51.2x
2 South Portland 2.0 25,665 4.1x 49.9x
3 Biddeford 4.33 21,502 4.7x 56.0x
4 Saco 6.0 19,716 3.8x 60.5x
5 Hallowell 8.0 2,444 3.8x 63.0x
6 Augusta 9.0 18,662 3.8x 53.3x
7 Brewer 9.0 9,026 3.5x 55.5x
8 Rockland 9.67 7,172 3.6x 61.6x
9 Bath 10.33 8,333 3.3x 62.3x
10 Lewiston 10.33 36,158 3.5x 57.4x
11 Westbrook 11.0 18,935 3.4x 66.2x
12 Auburn 11.33 23,267 3.4x 64.5x
13 Bangor 11.33 32,029 3.3x 57.0x
14 Old Town 11.67 7,453 3.2x 52.9x
15 Waterville 12.0 16,623 3.1x 52.3x
16 Belfast 14.33 6,710 2.9x 71.8x
17 Ellsworth 16.33 8,085 2.8x 75.4x
18 Gardiner 16.67 5,670 2.9x 70.2x
19 Presque Isle 17.67 9,072 2.6x 62.5x
20 Calais 18.67 3,011 2.7x 66.1x
21 Eastport 20.67 1,300 2.7x 84.6x
22 Caribou 21.33 7,659 2.2x 75.0x

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.