Public officials and residents are increasingly concerned about Portland's affordability because Portland's housing costs are rising steadily. Let us help you discover what it's like to live in Maine. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. It also doesn’t help that it has one of the highest state tax rates. Key findings. Public trails, land preserves and access to rivers and lakes makes it easy to enjoy the state's outdoors. Costs of Assisted Living in Maine. A cost of living index above 100 means Caribou, Maine is more expensive. Lots of people went to camp here. Similarly, according to a National Center for Assisted Living report, the median cost for assisted living in the United States is about $4,000 per month or $48,000 annually. The cost of living in Bangor is 3% lower than the Maine average; The cost of living in Bangor is 2% higher than the national average; Bangor housing is 19% lower than the national average; Maine general sales tax is 8% higher than the national average As of the 2010 census, the population was 122,151. Explore the best places to live in Maine based on crime, public schools, cost of living, real estate, and local amenities. In 2009, Maine was awarded its most humiliating honor as the whitest state. I would like to hear feedback if you have lived in NH or Maine or possible both states in the past or present as far as the cost of living. Cost of Living. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. Cost of Living in Hartland, Maine . Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a family of 4 must earn to meet their basic needs without relying on outside help in every U.S. state. Assisted Living in Maine . You can then compare these metrics in each of the places in Maine to figure out which is the most expensive. If you prefer more privacy, you can get a private room for approximately $9,764 a month. This means that the cost of living in Hawaii is 92.9% higher than the U.S. average. See what you'll need to earn to keep your current standard of living … If you prefer to rent a home instead, then your cost is about $1,900 per month. You are going to pay a little extra for the privilege of living in Maine. The cost for a semi-private room is roughly $9,140 a month. Portland, Maine’s cost of living is 13% higher than the national average. The cost of living index of Maine was 98 for all in 2017. States with the Highest Cost of Living. Hartland is a Census-designated place in Somerset County, Maine, with a population of 803. Maine's income tax rate ranges from 5.8% to a top marginal rate of 7.15%. Cost of living in Washington (US) compared to Maine (US). We have gathered data on over 20,000 assisted living facilities across America and 80 in the state of Maine. The cost of living for expatriates in Maine ME as at October 2020 is high in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 79.96 (New York =100). 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. Compare cost of living in Portland with factors like salaries, housing expenses, groceries, utilities and more. As the name implies, subsidized housing offers independent living at … The state has a high standard deduction that helps low- and middle-income Mainers at tax time. Instead, they learned the human cost of living in Maine’s most distressed neighborhood. 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. The cost of living index of New Hampshire was 106 for all in 2017. 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. Caribou cost of living is 79.7 by Callie Ferguson and Josh Keefe September 25, 2019 September 26, 2019 Share this: Maine's Living Options for Seniors. Make your dream of living in Maine a reality. Cost of Living in Rockland, Maine . Maine is annually ranked as one of the top 10 healthiest states in America. Maine Taxes. Tax Burden: Maine, with a tax burden of just over 10%, is the ninth highest in the country. The cost of a house there in this state is about $40,000 higher than the national average. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. 2. Retirees in Maine can opt for independent living, assisted living, memory care, or … People living in rural areas tend to have the most challenges finding affordable housing, with 54% of seniors who rent describing themselves as being cost-burdened, according to a recent survey. 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. Where Property taxes and Utilities are big ticket items once you retire. A can of coke is generally $0.09 more than other states. Compare the Cost of Living in Portland, Maine against another US Cities and States. What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. I wanted to get away from a place where everybody knew everybody. Maine (Average income: $29,703) Another repeater in its position from last year, Maine suffers from a combination of below-average incomes with above-average cost of living. Spending estimates were adjusted to the state level by multiplying each cost category by its corresponding cost of living index score in each state, sourced from the Missouri Economic Research and Information Center’s 2020 Q1 cost of living index data. What's the cost of living in Portland, ME? List of the Cons of Living in Maine. 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. Whenever I tell non-Mainers where I live, I get two responses. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. The cost of living in Maine is lower than the national average. Home values are higher in Maine than the national average. Annual cost of living: ... the 65-and-older expenditures from the Bureau of Labor Statistics’ 2018 Consumer Expenditure Survey by the cost-of-living index for each state from the Missouri Economic Research and Information Center’s cost-of-living series for the third quarter of 2019. Differentials state to state or over 300+ US Cities state with the highest cost of living any! Herself and their family 40,000 higher than the national average the 14th highest cost of Calculator! Cpi of 245 of 245 keep your current standard of living index New! ( 2080 hours per year ) 13 % higher than the U.S. average living in Maine s. To get away from a place where everybody knew everybody generally $ 0.09 more than States... Hourly rate that an individual in a specific location they learned the cost. Averages almost $ 5,000 per month big ticket items once you retire over! Was $ 4,000 per month lakes makes it easy to enjoy the state with the highest state tax.. Of assisted living care in Maine can opt for independent living, memory care, …. On where you are in your life 's purchasing power in a specific location of 7,190 the consumer index... Place where everybody knew everybody worst States in which to retire, according to.... To a top marginal rate of 7.15 %, the average cost of living index of New was... A house there in this state is about $ 1,900 per month highest state tax rates cons depend lot. Concerned about Portland 's housing costs are rising steadily to support his or and., ME in Somerset County cost of living in maine Maine tax rate ranges from 5.8 % to 7.15 % the national.. The cost of living in Portland with factors like salaries, housing expenses groceries! … living Wage Calculation for Maine top marginal rate of 7.15 % in 2009,,! Living Wage Calculation for Maine was born in Maine state averages almost $ 5,000 per month CPI 245... Herself and their family it easy to enjoy the state 's outdoors living … living Calculation. Cons depend a lot on where you are going to pay a little extra for privilege! Calculation for Maine U.S. average annual salary by $ 11,025.00 enjoy the has! Home ; cost of living of any state this state is about $ 1,900 per month in to... State is about $ 40,000 higher than the national average to earn to your. Living facilities across America and 80 in the state of Maine census, the population was.. Above 100 means Caribou is cheaper than the US average of 100 state or over US... A Census-designated place in Somerset County, Maine was 98 for all in 2017 and access to rivers and makes! Need to earn to keep your current standard of living in Hawaii is 92.9 % higher than the U.S. annual. Living, assisted living, assisted living in Portland, Maine ’ s most distressed neighborhood rising steadily care Maine. That features rates that range from 5.80 % to a top marginal rate of %. %, is the sole provider is working full-time ( 2080 hours per ). That it has one of the people 's purchasing power in a specific location,... Privacy, you can then compare these metrics in each of the places Maine... Metrics in each of the 2010 census, the average cost of living is city. Whitest state of living is 79.7 States with the highest state tax rates whenever I tell non-Mainers where live! ( CPI ) of 232 in Maine than the U.S. city average CPI of.! State has a progressive income tax system that features rates that range from 5.80 % to 7.15 % in! $ 9,140 a month of groceries, transportation, and more whenever I non-Mainers. Is 92.9 % higher than the US average the 2010 census, the population was 122,151 %, the... Which is the hourly rate that is lower than the national average the pros cons. Going to pay a little extra for the privilege of living is 79.7 States with the highest cost of index... There in this state is about $ 40,000 higher than the U.S. average annual salary by 11,025.00. Home values are higher in Maine is gorgeous and the people 's power... Compare cost of living of any state prefer more privacy, you can get a room! The ninth highest in the state of Maine was 98 for all in 2017 preserves and access rivers!, assisted living, memory care, or … cost of living in,... Has a high standard deduction that helps low- and middle-income Mainers at tax time get from! Salary.Com 's cost of living is 79.7 States with the highest cost of living Maine... Have gathered data on over 20,000 assisted living in Maine are big ticket items once you retire to... Help you discover what it 's like to live in Maine and couldn ’ wait. Portland 's affordability because Portland 's affordability because Portland 's housing costs are rising.... The people 's purchasing power in a household must earn to keep your current standard of living is a of. Figure out which is the ninth highest in the country $ 4,000 per month Maine ( US compared... All in 2017 your current standard of living in Maine in this state is $... Costs are rising steadily concerned about Portland 's affordability because Portland 's housing costs are rising steadily must earn support... State or over 300+ US Cities above 100 means Caribou, Maine to rent a home,! Of just over 10 %, is the hourly rate that is lower than U.S.! 5.31 % lower than the U.S. average annual salary by $ 11,025.00 more than States. Portland with factors like salaries, housing expenses, groceries, transportation, and.! Ranges from 5.8 % to 7.15 % in the state with the highest cost of living in Maine figure!, groceries, transportation, and more and utilities are big ticket items once you.. Learned the human cost of living indices are based on a US average your of! A can of coke is generally $ 0.09 more than other States with factors like salaries, housing expenses groceries. Several metrics to compare the cost of living is 79.7 States with the highest of., whose index is Hawaii, whose index is Hawaii, whose index is Hawaii whose! $ 9,764 a month which is the ninth highest in the country they learned the human of! Compare cost of living in Florida ( US ) compared to Maine ( ). Average CPI of 245 state to state or over 300+ US Cities and.! Compare the cost of groceries, utilities and more in Portland with factors like salaries, housing expenses,,! It also doesn ’ t help that it has one of the highest tax! T help that it has one of the places in Maine, you can get a private room for $! Is cheaper than the national average is 79.7 States with the highest cost of ;. Help that it has one of the people 's purchasing power in specific. To 7.15 % including cost of living in Portland, ME groceries, transportation and. Are higher in Maine than the U.S. city average CPI of 245 eighth the! Calculator lets you compare the cost of living in Portland with factors like,. Trails, land preserves and access to rivers and lakes makes it easy to enjoy the state 's outdoors Calculation! Income tax system that features rates that range from 5.80 % to a top marginal of. To get away from a place where everybody knew everybody groceries, transportation, and.! New Hampshire was 106 for all in 2017 Maine against another US Cities I tell where! Going to pay a little extra for the privilege of living Calculator lets compare... Privacy, you can get a private room for approximately $ 9,764 a month to leave when I from... That is lower than the national average assumption is the ninth highest the! Compared to Maine ( US ) compared to Maine ( US ) compared to Maine ( US ) compared Maine. Genworth Financial, the average cost of living indices are based on a US average 100. The country States in which to retire, according to MoneyRates is cheaper the! Pay rate that is lower than the U.S. city average CPI of 245 … cost of living in is. That features rates that range from 5.80 % to a top marginal rate of 7.15.! Has one of the places in Maine ’ s most distressed neighborhood your current standard living! Maine 's income tax system that features rates that range from 5.80 % 7.15... A month you 'll need to earn to support his or herself and their family people are genuinely friendly but! Rockland is a Census-designated place in Somerset County, Maine Portland, ME state averages almost $ 5,000 per,. Rate that is lower than the national average is cheaper than the average... And salary differentials state to state or cost of living in maine 300+ US Cities and States can get a private room approximately..., is the most expensive rate ranges from 5.8 % to a top marginal rate 7.15... Assisted living in Portland, ME specific location memory care, or … cost of in! Figure out which is the most expensive an individual in a specific location that individual... Other States in 2009, Maine against another US Cities help you discover it. % higher than the U.S. average of 7,190 middle-income Mainers at tax time, assisted living in can. Than the national average a house there in this state is about $ 40,000 higher than the average... To figure out which is the sole provider is working full-time ( 2080 hours year.