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Portland, ME

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
102
Average
Median Home Value
$452,600
National: $426,735
Median Rent
$1,487/mo
National: $1,527/mo
Household Income
$76,174
National: $84,532
Population
68,505
Purchasing Power
88
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
106 / 100
100 = national average
Rent Index
97 / 100
Overall Index
102
Average

Portland Mortgage Calculator

Pre-filled with the local median home value of $452,600 and Maine's property tax rate of 1.36%.

Salary & Purchasing Power

Median household income is $76,174 10% below the national average.

What $76,174 in Portland Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$112,767+48%
Los Angeles, CA$126,957+67%
Chicago, IL$60,491-21%
Houston, TX$53,023-30%

Property Tax in Portland, ME

Est. Annual Property Tax
$6,155
Monthly Impact
$513
Added to your mortgage
Effective Rate
1.36%
National avg: ~1.00%

Maine Tax Overview

Tax TypeMaineNational Avg
Property Tax Rate1.36%1.00%
Top Income Tax Rate7.15%~5.0%
State Sales Tax5.5%~5.0%

Compare Portland to Another City

See how far your salary goes somewhere else.

Cost of Living Comparison

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Portland, ME
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Portland, ME: 106
Rent Prices
97
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR