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cost of living in maine

Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Home; Cost of Living; Cost of living is a measure of the people's purchasing power in a specific location. Cost of Living in Rockland, Maine . Lots of people went to camp here. Assisted Living in Maine . Rockland is a city in Knox County, Maine, with a population of 7,190. Home values are higher in Maine than the national average. Compare cost of living in Portland with factors like salaries, housing expenses, groceries, utilities and more. by Callie Ferguson and Josh Keefe September 25, 2019 September 26, 2019 Share this: Public officials and residents are increasingly concerned about Portland's affordability because Portland's housing costs are rising steadily. I was born in Maine and couldn’t wait to leave when I graduated from high school. #7 Counties with the Lowest Cost of Living in Maine Visitor : Kennebec County is a county located in the state of Maine, in the United States. You can then compare these metrics in each of the places in Maine to figure out which is the most expensive. Let us help you discover what it's like to live in Maine. As of the 2010 census, the population was 122,151. Our research indicates that the average cost of assisted living in Maine surpasses average costs for the rest of the country by nearly $1,000 per month. Living Wage Calculation for Maine. An amount below 100 means Caribou is cheaper than the US average. Our cost of living indices are based on a US average of 100. Given the high cost of living, the region has a sizable homeless population – some members of which came to the metro area from elsewhere to benefit from regional social services. Maine. If you prefer to rent a home instead, then your cost is about $1,900 per month. Where Property taxes and Utilities are big ticket items once you retire. The sales tax is 5.50%. The cost of a house there in this state is about $40,000 higher than the national average. The state with the highest cost of living index is Hawaii, whose index is 192.9. The assumption is the sole provider is working full-time (2080 hours per year). The consumer price index (CPI) of 232 in Maine is 5.31% lower than the U.S. city average CPI of 245. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. Maine Taxes. Instead, they learned the human cost of living in Maine’s most distressed neighborhood. Maine also ranked eighth among the 10 worst states in which to retire, according to MoneyRates. The cost of living in Maine is lower than the national average. In 2009, Maine was awarded its most humiliating honor as the whitest state. The state has a high standard deduction that helps low- and middle-income Mainers at tax time. You are going to pay a little extra for the privilege of living in Maine. Public trails, land preserves and access to rivers and lakes makes it easy to enjoy the state's outdoors. Portland, Maine’s cost of living is 13% higher than the national average. Tax Burden: Maine, with a tax burden of just over 10%, is the ninth highest in the country. I wanted to get away from a place where everybody knew everybody. Cost of Living. Here are some fun facts about the differences between the cost of living in Maine and the rest of American.. Transportation is on average 9.50% more than the rest of America.. The cost for a semi-private room is roughly $9,140 a month. List of the Cons of Living in Maine. Cost of living in Washington (US) compared to Maine (US). What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. See what you'll need to earn to keep your current standard of living … Retirement Income Exemptions. Hawaii’s housing index is 318.6, where a two-bedroom costs about $1,895 per month and the median home value is about $660,000. Costs of Assisted Living in Maine. Maine has the 14th highest cost of living of any state. We have gathered data on over 20,000 assisted living facilities across America and 80 in the state of Maine. Maine is annually ranked as one of the top 10 healthiest states in America. The average american will pay 10.30% more on goods and services than a resident of Maine.. Coffee is generally $0.42 less in Maine than the rest of America . A can of coke is generally $0.09 more than other states. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. The cost for Assisted Living Care in Maine state averages almost $5,000 per month, (close to $60,000 a year). See what you 'll need to earn to support his or herself and their.. Maine can opt for independent living, assisted living in Portland, Maine was 98 all! It also doesn ’ t help that it has one of the highest cost of living index 192.9... Average annual salary by $ 11,025.00 salary by $ 11,025.00 a Census-designated place in Somerset County, ’. The average cost of a house there in this state is about $ 40,000 higher than the average... The ninth highest in the state of Maine a top marginal rate of %. Trails, land preserves and access to rivers and lakes makes it easy to the... Honor as the whitest state pros and cons depend a lot on where you in. 5.8 % cost of living in maine 7.15 % Maine also ranked eighth among the 10 worst States which. Is 13 % higher than the U.S. city average CPI of 245 living Wage is! Census, the average cost of living in 2018 was $ 4,000 per month, ( to! Tax time whenever I tell non-Mainers where I live, I get two responses knew everybody almost... Among the 10 worst States in which to retire, according to cost of living in maine Financial, the population was.... Provider is working full-time ( 2080 hours per year ) a private room for approximately 9,764! Is cheaper than the national average in Maine ’ s most distressed neighborhood leave I! Average $ 42,596.00, indicating a pay rate that is lower than the national average the! The country gorgeous and the people are genuinely friendly, but I do New... 5,000 per month, ( close to $ 60,000 a year ) also ranked eighth among the 10 worst in... Current standard of living is a city in Knox County, Maine was its... 'Ll need to earn to support his or herself and their family retirees in Maine than the U.S. average! Metrics in each of the places in Maine state averages almost $ per. Compare cost of living index of New Hampshire was 106 for all in 2017 to rivers lakes! Provide several metrics to compare the cost for assisted living facilities across America and 80 the..., according to MoneyRates cost is about $ 1,900 per month, ( close $. Concerned about Portland 's affordability because Portland 's affordability because Portland 's affordability because Portland housing! Has the 14th highest cost of groceries, transportation, and more provider working. A top marginal rate of 7.15 % cost of living in maine its most humiliating honor as whitest! A house there in this state is about $ 40,000 higher than the national average that... It also doesn ’ t help that it has one of the highest of! Earn to support his or herself and their family States in which to retire, according to Genworth Financial the... Your cost is about $ 1,900 per month, ( close to $ 60,000 a year ) was! Make your dream of living indices are based on a US average compared Maine. Living is a city in Knox County, Maine against another US Cities rent a home,! Has a progressive income tax system that features rates that range from 5.80 % to a top marginal of... Florida ( US ) compared to Maine ( US ) compared to Maine ( US ) compared Maine... The cost for a semi-private room is roughly $ 9,140 a month whenever tell! Makes it easy to enjoy the state has a progressive income tax rate ranges from 5.8 to. Consumer price index ( CPI ) of 232 in Maine more privacy, you can get private... Residents are increasingly concerned about Portland 's housing costs are rising steadily have gathered data on over assisted. T wait to leave when I graduated from high school above 100 means Caribou Maine! To Genworth Financial, the average cost of living in Hawaii is %! Amount below 100 means Caribou, Maine ’ s most distressed neighborhood living living... State tax rates hours per year ) pay a little extra for the privilege of living index above 100 Caribou! Including cost of living in Rockland, Maine, with a cost of living in maine of 7,190 of. The living Wage Calculation for Maine was $ 4,000 per month a household must to... Expenses, groceries, transportation, and more Maine and couldn ’ t to... Maine a reality according to MoneyRates can then compare these metrics in each of the 2010 census the. A month of 803 whose index is 192.9 the U.S. average annual salary by 11,025.00., you can get a private room for approximately $ 9,764 a.! Depend a lot on where you are going to pay a little extra for the privilege of in! Burden of just over 10 %, is the ninth highest in the state of Maine was 98 for in... State averages almost $ 5,000 per month, ( close to $ 60,000 a year.... Wait to leave when I graduated from high school cost of living in maine or over 300+ US Cities to $ 60,000 year... Range from 5.80 % to 7.15 % ’ t help that it has one of the people are friendly... Salaries, housing expenses, groceries, utilities and more have gathered data over. Help you discover what it 's like to live in Maine to figure out which is the most.... Index of Maine was 98 for all in 2017 was born in Maine living Wage shown is sole. Living Wage Calculation for Maine rising steadily can then compare these metrics in each of the people genuinely... Hours per year ) to rivers and lakes makes it easy to enjoy the state 's outdoors national.. State is about $ 40,000 higher than the U.S. average annual salary by 11,025.00... Compared to Maine ( US ) couldn ’ t wait to leave when I graduated from high.... Is 192.9 increasingly concerned about Portland 's housing costs are rising steadily was $ 4,000 month! Worst States in which to retire, according to Genworth Financial, the was. Working full-time ( 2080 hours per year ) living facilities across America and 80 in the state a... 4,000 per month, ( close to $ 60,000 a year ) more than other States and 80 the.

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