Cost of Living in Maine — Housing, Taxes & Everyday Expenses
Coastal beauty, above-average costs, tourism economy
Data: 2026-Q2 · BLS · HUD · KFFOverview
Maine offers beautiful coastal landscapes but above-average costs and a relatively limited job market outside tourism, healthcare, and lobstering.
Housing costs
Median 1BR rent in Portland ME is approximately $1,700. Coastal resort areas are significantly higher seasonally.
Tax reality
Maine has a top income tax rate of 7.15%.
Everyday expenses
At a cost of living index of 107, Maine is about 7% more expensive than the national average of 100. Maine's high income tax and above-average costs compress purchasing power relative to its modest median income.
Salary reality in Maine
$40-60k ~$3,220/mo take-home
$60-80k ~$4,386/mo take-home
$80-100k ~$5,439/mo take-home
FAQ
Cost of Living in Maine — FAQ
What is Maine's income tax rate?
Maine has a top income tax rate of 7.15%.
Is Maine affordable?
Maine has a cost of living index of 107, slightly above the national average. Portland has become increasingly expensive.