Small Town1,988 people

Falmouth, ME

Discover how far your salary goes in Falmouth. Compare taxes, rent, and living costs.

Cost Index
111
⚖️ Average
Population

1,988

State Tax

7.1%

1BR Rent

$1,190

/month

vs National

-15%

below avg

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Rent Prices in Falmouth

🏠

Studio

$952

/month

$11,424/year

Most Common
🛏️

1 Bedroom

$1,190

/month

$14,280/year

🏡

2 Bedroom

$1,607

/month

$19,284/year

🏘️

3 Bedroom

$2,083

/month

$24,996/year

Taxes in Maine

State Income Tax

Maine

7.1%

For a $100k salary, that's ~$7,150/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Falmouth, ME?

Falmouth has a cost of living index of 111, which is 11% above the national average. A 1-bedroom apartment costs around $1,190/month.

What is the state income tax in Maine?

Maine has a state income tax rate of approximately 7.1%. This is in addition to federal income tax.

How much is rent in Falmouth?

The median rent for a 1-bedroom apartment in Falmouth is $1,190/month. For a 2-bedroom, expect to pay around $1,607/month. This is 15% below the national average.

Is Falmouth a good place to live?

Falmouth is a small town with a population of 1,988. The cost of living is average, making it about average cost for the US.

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