Income Reality in Maine — Taxes, Housing & Salary

Coastal beauty, above-average costs, tourism economy

Data: 2026-Q2 · BLS · HUD · KFF
Cost of Living Index
107
Median Household Income
$76,442
State Income Tax
7.15% top rate
Median Rent
$2,013/mo

Income tax overview

Maine has a top income tax rate of 7.15%.

Housing snapshot

Median 1BR rent in Portland ME is approximately $1,700. Coastal resort areas are significantly higher seasonally.

Cost of living summary

At an index of 107, Maine is about 7% more expensive than the national average of 100.

Maine offers beautiful coastal landscapes but above-average costs and a relatively limited job market outside tourism, healthcare, and lobstering.

Major cities

Boston

1BR $2,476/mo

Salary reality examples

$60-80k

Moderate in Portland. More comfortable in smaller Maine cities.

$80-100k

Good purchasing power. Maine's quality of life adds non-financial value.

$100-130k

Comfortable statewide. High tax rate is the primary financial challenge.

FAQ

FAQ — Income Reality in Maine

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.

Related tools

City Comparison Salary Equivalency

Cost of Living Index from C2ER. This is a picture, not a verdict.

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.