Living Wage Calculation for Portland-South Portland, ME
| 1 ADULT | ||
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $18.86 | $46.37 |
| Poverty Wage | $6.19 | $10.56 |
| Minimum Wage | $12.75 | $12.75 |
How much do you need to make to live comfortably in Portland Maine?
It’s estimated that a salary of $80,336 will allow you to live more comfortably. What is the average rent in Maine? The median rent in Maine is $853 per month, which is about $200 less than the national average. However, housing costs may vary depending on what part of the state you live in.
What is a good salary in Portland Maine?
$59,564 (USD)/yr
The average salary for jobs in Portland, Maine is $59,564 (USD) per year or an hourly rate of $29 (USD).
How expensive is it to live in Portland Maine?
Portland’s housing expenses are 37% higher than the national average and the utility prices are 2% higher than the national average. Transportation expenses like bus fares and gas prices are 4% higher than the national average. Portland has grocery prices that are 2% higher than the national average.
What is a good salary to live in Maine?
To live comfortably and save money in Maine, you will need to earn at least $50,000. Otherwise, you will spend almost everything you earn as a living wage.
What is a good salary for a single person in Maine?
According to GoBankingRates.com, in an article titled “The Salary You Need to Afford Rent in Every State,” a resident of Maine would need to make approximately $58,640 per year in order to afford a single-family residence without having your monthly rent consume more than 30 percent of total income.
Where is the cheapest place to live in Maine?
5 Most Affordable Cities in Maine
- South Portland.
- Portland.
- Biddeford.
- Bangor.
- Lewiston. Since Lewiston is home to Bates College, a highly ranked liberal arts college, residents take pride in their long history of promoting education.
What is the average annual income in Maine?
Table
| Population | |
|---|---|
| Transportation | |
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 24.3 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $59,489 |
How much is a gallon of milk in Portland Maine?
Cost of Living in Portland
| Restaurants | Edit |
|---|---|
| Coke/Pepsi (12 oz small bottle) | 2.00$ |
| Water (12 oz small bottle) | 1.54$ |
| Markets | Edit |
| Milk (regular), (1 gallon) | 4.35$ |
How much do barbers make in Maine?
The average salary for a barber is $23.53 per hour in Maine.
Is it affordable to live in Portland Maine?
Portland’s cost of living is only 8% above the national average and about 12% higher than the state average.
What is the best area to live in Portland Maine?
5 Best Neighborhoods in Portland, Maine to Live
- West End. West End is one of the most historic neighborhoods of Portland.
- Deering Center. Deering Center is a small town that was annexed into Portland around the turn of the century.
- Oakdale.
- Back Cove.
- East End.
- Peaks Island.
Why do people go to Portland Maine?
REDISCOVER MAGIC OF THE PAST. Explore Maine’s maritime history, lighthouses and forts on the coast. Portland’s beauty is encapsulated by the mingling of preserved 19th and 20th architecture and modern marvels keeping our culture cutting-edge. The blending of past and present make up the heart of our unique downtown.
What is average rent Maine?
Maine Rent Trends
| Average Rent | Jul / 2019 | Mar / 2022 |
|---|---|---|
| Maine | $1,382 | $1,599 |
| National | $1,407 | $1,634 |
Why is property in Maine so cheap?
Rural land in Maine is quite inexpensive compared to more populated areas. Part of the reason is that there remains an abundance of undeveloped land in Maine. Maine is the most forested state in the country.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What income is middle class in Maine?
The middle class is defined as making around $44,000 to $131,000 for a two-person household, $53,000 to $159,000 if you have three people in your home, and for a four-person household, it’s $63,000 to $187,000.
Is it cheaper to live in Florida or Maine?
The cost of living in Florida is on par with living in Maine in many ways. The average cost of a house is relatively close in both states. The average price of a house in Florida is currently about $252,000, and the average price of a home in Maine is about $249,000.
What is the poorest city in Maine?
Lewiston was ranked the poorest city in Maine in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
Where should I not live in Maine?
Here are the 10 most dangerous cities in Maine for 2020:
- Augusta.
- Skowhegan.
- Biddeford.
- Bangor.
- Auburn.
- Houlton.
- Rumford.
- Portland.
What is the richest town in Maine?
Cumberland Foreside is a small portion of Cumberland. It bears the distinction of being the wealthiest town in Maine with a median household income of about $100,000 among its 1,200 residents. The “foreside” in its name indicates its proximity to the Fore River. It is ranked #184 of the richest towns in America.