Small City68,408 people

Portland, ME

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

Cost Index
115
📈 Above Average
Population

68,408

State Tax

7.1%

1BR Rent

$1,400

/month

vs National

0%

below avg

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Rent Prices in Portland

🏠

Studio

$1,120

/month

$13,440/year

Most Common
🛏️

1 Bedroom

$1,400

/month

$16,800/year

🏡

2 Bedroom

$1,890

/month

$22,680/year

🏘️

3 Bedroom

$2,450

/month

$29,400/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 Portland, ME?

Portland has a cost of living index of 115, which is 15% above the national average. A 1-bedroom apartment costs around $1,400/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 Portland?

The median rent for a 1-bedroom apartment in Portland is $1,400/month. For a 2-bedroom, expect to pay around $1,890/month. This is equal to the national average.

Is Portland a good place to live?

Portland is a small city with a population of 68,408. The cost of living is above average, making it about average cost for the US.

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