Old Town, ME
Discover how far your salary goes in Old Town. Compare taxes, rent, and living costs.
7,431
7.1%
$1,190
/month
-15%
below avg
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Rent Prices in Old Town
Studio
$952
/month
$11,424/year
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
For a $100k salary, that's ~$7,150/year in state taxes.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Old Town, ME?▼
Old Town 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 Old Town?▼
The median rent for a 1-bedroom apartment in Old Town is $1,190/month. For a 2-bedroom, expect to pay around $1,607/month. This is 15% below the national average.
Is Old Town a good place to live?▼
Old Town is a small town with a population of 7,431. The cost of living is average, making it about average cost for the US.
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