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Portland Maine Cost Of Living

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Portland Maine Cost Of Living. The median home value of maine is $184,500, with some larger cities such as portland and bangor averaging at $150,000. The federal minimum wage is $7.25 per hour while maine's state law sets the minimum wage rate at $12.75 per hour in 2022.

Portland, Maine median Cost of Living is 1856/mo see prices
Portland, Maine median Cost of Living is 1856/mo see prices from livingcost.org

On the same site, providence road island scored 105.1 overall, and 91 for housing with an average cost of $294,500. The livable wage in cumberland. And housing costs in portland are 81.3 percent higher than the national average.

That Translates To Nearly $3,773 Per Month, Per Person.

For a single adult living in the area, average health care costs come out to $4,236 per year, compared to an average of $4,467 across maine and $4,266 nationwide. The average monthly rent in portland is $1,607, while home prices circle around $515,513. Portland's population was 68,408 in april 2020.

Breakdown Of Prices In Portland, United States For Housing, Food, Transportation, Going Out For May 2022.

News & world report’s 2021 ranking. The federal minimum wage is $7.25 per hour while maine's state law sets the minimum wage rate at $12.75 per hour in 2022. Compare cost of living in portland with factors like salaries, housing expenses, groceries, utilities and more.

The Livable Wage In Cumberland.

The median home cost of living in portland, maine is $309,300. Lowest, low, moderate, high, highest in the united states and the highest. The cost of living in portland is 12% higher than the national average.

The Federal Minimum Wage Is $7.25 Per Hour While Maine's State Law Sets The Minimum Wage Rate At $12.75 Per Hour In 2022.

8 rows the average cost of living in portland is $2374, which is in the top 2% of the most expensive. Portland, maine’s cost of living is 13% higher than the national average. A score of 100 is the average cost of living throughout the us.

Housing Costs In Maine Average Housing Costs In Maine:

View future changes in the minimum wage in your location by visiting minimum wage values in maine. Housing in portland costs almost double the national average with a modest home costing $475,000. An index above 100 means portland is expensive, while a number below 100 means it's a relatively cheap place to live.

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