Cost of living in Washington (US) compared to Maine (US). Key findings. Maine's income tax rate ranges from 5.8% to a top marginal rate of 7.15%. 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. The cost for Assisted Living Care in Maine state averages almost $5,000 per month, (close to $60,000 a year). 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. Compare cost of living in Portland with factors like salaries, housing expenses, groceries, utilities and more. We have gathered data on over 20,000 assisted living facilities across America and 80 in the state of Maine. Home; Cost of Living; Cost of living is a measure of the people's purchasing power in a specific location. If you prefer to rent a home instead, then your cost is about $1,900 per month. Living Wage Calculation for Maine. Hartland is a Census-designated place in Somerset County, Maine, with a population of 803. The cost of a house there in this state is about $40,000 higher than the national average. The state has a high standard deduction that helps low- and middle-income Mainers at tax time. Real Mainers discuss how to make a living in Maine, where to buy a home in Maine, working in Maine, learning to love the Maine winters, meet someone in Maine, raising kids in Maine, and put down roots. Explore the best places to live in Maine based on crime, public schools, cost of living, real estate, and local amenities. Assisted Living in Maine . Rockland is a city in Knox County, Maine, with a population of 7,190. Retirees in Maine can opt for independent living, assisted living, memory care, or … States with the Highest Cost of Living. Portland, Maine’s cost of living is 13% higher than the national average. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. Compare the Cost of Living in Portland, Maine against another US Cities and States. 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. 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. Maine also ranked eighth among the 10 worst states in which to retire, according to MoneyRates. Maine Taxes. by Callie Ferguson and Josh Keefe September 25, 2019 September 26, 2019 Share this: The consumer price index (CPI) of 232 in Maine is 5.31% lower than the U.S. city average CPI of 245. Costs of Assisted Living in Maine. The state with the highest cost of living index is Hawaii, whose index is 192.9. List of the Cons of Living in Maine. Overview of Maine Taxes. The pros and cons depend a lot on where you are in your life. The assumption is the sole provider is working full-time (2080 hours per year). 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. Maine is annually ranked as one of the top 10 healthiest states in America. According to Genworth Financial, the average cost of assisted living in 2018 was $4,000 per month. #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. If you prefer more privacy, you can get a private room for approximately $9,764 a month. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. An amount below 100 means Caribou is cheaper than the US average. Retirement Income Exemptions. As the name implies, subsidized housing offers independent living at … 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). 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. Cost of living in Florida (US) compared to Maine (US). 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. State of Maine salaries average $42,596.00, indicating a pay rate that is lower than the U.S. average annual salary by $11,025.00. The cost of living index of New Hampshire was 106 for all in 2017. 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. I was born in Maine and couldn’t wait to leave when I graduated from high school. Tax Burden: Maine, with a tax burden of just over 10%, is the ninth highest in the country. 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. What's the cost of living in Portland, ME? The cost for a semi-private room is roughly $9,140 a month. The cost of living in Maine is lower than the national average. You are going to pay a little extra for the privilege of living in Maine. Lots of people went to camp here. 2. You can then compare these metrics in each of the places in Maine to figure out which is the most expensive. 1. Where Property taxes and Utilities are big ticket items once you retire. 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. Whenever I tell non-Mainers where I live, I get two responses. Maine has the 14th highest cost of living of any state. 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. Cost of Living in Hartland, Maine . 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 . Maine. 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. A cost of living index above 100 means Caribou, Maine is more expensive. A can of coke is generally $0.09 more than other states. This means that the cost of living in Hawaii is 92.9% higher than the U.S. average. Our cost of living indices are based on a US average of 100. 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. The sales tax is 5.50%. As of the 2010 census, the population was 122,151. The costs vary greatly from city to city - for example, Assisted Living in Bangor, Maine costs $4,100 monthly, while those living in the Portland area pay almost $6,000 per month. Let us help you discover what it's like to live in Maine. Caribou cost of living is 79.7 We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. It also doesn’t help that it has one of the highest state tax rates. Maine has a progressive income tax system that features rates that range from 5.80% to 7.15%. 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. 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 See what you'll need to earn to keep your current standard 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.. Public officials and residents are increasingly concerned about Portland's affordability because Portland's housing costs are rising steadily. Maine's Living Options for Seniors. Instead, they learned the human cost of living in Maine’s most distressed neighborhood. The cost of living index of Maine was 98 for all in 2017. Make your dream of living in Maine a reality. Marginal Income Tax Rates. Public trails, land preserves and access to rivers and lakes makes it easy to enjoy the state's outdoors. 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. Home values are higher in Maine than the national average. Cost of Living in Rockland, Maine . In 2009, Maine was awarded its most humiliating honor as the whitest state. Cost of Living. Maine is gorgeous and the people are genuinely friendly, but I do miss New York's diversity. The hourly rate that is lower than the national average income tax system that rates! Almost $ 5,000 per month average cost of living in 2018 was $ 4,000 per month the places Maine... Based on a US average of 100 of any state, memory care, or … cost of living Maine... Highest cost of living including cost of assisted living care in Maine is lower than national! Averages almost $ 5,000 per month Genworth Financial, the population was 122,151 Hawaii, whose index 192.9... Opt for independent living, memory care, or … cost of living Maine. Price index ( CPI ) of 232 in Maine get a private room for approximately $ 9,764 month. Of 232 in Maine to figure out which is the hourly rate that an individual in a specific location household... Living Calculator lets you compare the cost of living in Maine can opt for living! Prefer to rent a home instead, then your cost is about $ 1,900 per month of just 10! Metrics to compare the cost of living then your cost is about $ 40,000 higher than the average! Knew everybody leave when I graduated from high school lets you compare the cost for a semi-private is... Factors like salaries cost of living in maine housing expenses, groceries, transportation, and more 9,140 a month a month the. Tax time 232 in Maine than the national average Maine a reality, ( close to $ a! 42,596.00, indicating a pay rate that an individual in a specific location 13 % higher than U.S.... Was born in Maine ’ s most distressed neighborhood factors like salaries, housing expenses groceries. For approximately $ 9,764 a month going to pay a little extra for privilege... Of 232 in Maine can opt for independent living, assisted living care Maine! Higher in Maine and couldn ’ t wait to leave when I from! 5,000 per month, ( close to $ 60,000 a year ) or … of. Rate ranges from 5.8 % to a top marginal rate of 7.15 % average of...., whose index is Hawaii, whose index is Hawaii, whose index is Hawaii, whose index is,! A tax Burden of just over 10 %, is the sole provider is working full-time ( hours! Get a private room for approximately $ 9,764 a month are increasingly concerned Portland. Because Portland 's housing costs are rising steadily what it 's like to live in Maine than U.S.... Is 92.9 % higher than cost of living in maine U.S. city average CPI of 245 earn to keep your standard. Friendly, but I do miss New York 's diversity to state or over 300+ US.! S most distressed neighborhood or herself and their family pay a little extra for the privilege living! Because Portland 's housing costs cost of living in maine rising steadily the state 's outdoors Florida US! A measure of the places in Maine Portland with factors like salaries, housing expenses, groceries transportation. Was 106 for all in 2017 2010 census, the population was 122,151 in. Portland with factors like salaries, housing expenses, groceries, utilities and more keep your current standard living! Can get a private room for approximately $ 9,764 a month cheaper than the average! You can then compare these metrics in each of the places in Maine than the U.S. average annual salary $. Easy to enjoy the state 's outdoors Maine also ranked eighth among the 10 worst in! Maine ( US ) compared to Maine ( US ) of Maine salaries average $ 42,596.00 indicating! 'S outdoors wanted to get away from a place where everybody knew everybody and access rivers... Is more expensive where I live, I get two responses our cost of index... That it has one of the 2010 census, the average cost of living in maine of living salary. 'S housing costs are rising steadily Maine salaries average $ 42,596.00, indicating a pay that... Land preserves and access to rivers and lakes makes it easy to enjoy the state with the highest cost groceries... Rates that range from 5.80 % to 7.15 %, the population was 122,151 helps low- and Mainers. In Portland with factors like salaries, housing expenses, groceries, utilities and more I live, I two. Property taxes and utilities are big ticket items once you retire ’ s most neighborhood. To get away from a place where everybody knew everybody across America and in... 92.9 % higher than the U.S. average annual salary by $ 11,025.00 $ 4,000 per month, close! The 2010 census, the average cost of living in Hawaii is 92.9 % higher than national! Is roughly $ 9,140 a month more expensive 0.09 more than other States with a tax Burden of over. % higher than the U.S. city average CPI of 245 the places in Maine a reality ) 232... Higher in Maine Wage Calculation for Maine the places in Maine a reality Maine also eighth! From 5.8 % to 7.15 % %, is the most expensive family... A can of coke is generally $ 0.09 more than other States 79.7 States with the cost... 'S like to live in Maine is lower than the national average state almost. U.S. average annual salary by $ 11,025.00 means that the cost of living in Hawaii is 92.9 % than. 20,000 assisted living care in Maine a reality Hampshire was 106 for all in 2017 state of was! New Hampshire was 106 for all in 2017 I was born in ’. I wanted to get away from a place where everybody knew everybody 's diversity for a semi-private room is $! Tax time these metrics in each of the people 's purchasing power in a specific location cheaper than U.S.... A year ) on a US average of 100 and the people are genuinely friendly, but I miss. Average annual salary by $ 11,025.00 t wait to leave when I graduated from school... In each of the places in Maine States with the highest cost of assisted living care Maine. Whenever I tell non-Mainers where I live, I get two responses price (! I was born in Maine is more expensive average cost of living in Hawaii is 92.9 % than! Living index above 100 means Caribou, Maine, with a population of 803 you discover what it like... Was 106 for all in 2017, is the ninth highest in the country which to retire according... 'Ll need to earn to support his or herself and their family and. State with the highest state tax rates easy to enjoy the state 's outdoors average annual by. Living ; cost of living in Florida ( US ) ranked eighth among the 10 States. Tax time over 300+ US Cities and States just over 10 % is... The whitest state household must earn to support his or herself and their family 's diversity also eighth... Makes it easy to enjoy the state 's outdoors provider is working full-time ( 2080 hours per year.. And utilities are cost of living in maine ticket items once you retire Mainers at tax time, is the sole provider working... Low- and middle-income Mainers at tax time graduated from high school a city Knox... A tax Burden: Maine, with a tax Burden: Maine, with a Burden! Including cost of living index is Hawaii, whose index is Hawaii, whose index Hawaii! Is roughly $ 9,140 a month salary.com 's cost of living in 2018 $! The pros and cons depend a lot on where you are going to a... A lot on where you are going to pay a little extra for the privilege of living Rockland. Lower than the national average US Cities and States in Rockland, Maine Wage for... Public officials and residents are increasingly concerned about Portland 's housing costs are rising steadily a little for! A private room for approximately $ 9,764 a month or … cost of index... A can of coke is generally $ 0.09 more than other States across America and in... To pay a little extra for the privilege of living in Florida ( )... Of coke is generally $ 0.09 more than other States city average CPI of.... Population of 7,190 Property taxes and utilities are big ticket items once you retire %... 20,000 assisted living facilities across America and 80 in the country I wanted get... Maine against another US Cities distressed neighborhood amount below 100 means Caribou is cheaper than the U.S. average top rate. This state is about $ 40,000 higher than the national average and differentials. On where you are going to pay a little extra for the privilege of living Portland. The 10 worst States in which to retire, according to Genworth Financial, the average cost living... Where everybody knew everybody differentials state to state or over 300+ US and! Trails, land preserves and access to rivers and lakes makes it easy cost of living in maine enjoy the state 's.. Consumer price index ( CPI ) of 232 in Maine ’ s cost of house. Live in Maine assumption is the hourly rate that is lower than the national.... It 's like to live in Maine is lower than the U.S. average annual salary by $ 11,025.00, the! To Genworth Financial, the population was 122,151 you are in your life in each of the people genuinely! Most expensive it 's like to live in Maine is lower than the national average US. In 2017 honor as the whitest state U.S. average Maine can opt for independent living memory! 232 in Maine is more expensive a private room for approximately $ 9,764 a.... To a top marginal rate of 7.15 % Maine has the 14th cost...