Town15,828 people

Waterville, ME

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

Cost Index
112
⚖️ Average
Population

15,828

State Tax

7.1%

1BR Rent

$1,260

/month

vs National

-10%

below avg

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Rent Prices in Waterville

🏠

Studio

$1,008

/month

$12,096/year

Most Common
🛏️

1 Bedroom

$1,260

/month

$15,120/year

🏡

2 Bedroom

$1,701

/month

$20,412/year

🏘️

3 Bedroom

$2,205

/month

$26,460/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 Waterville, ME?

Waterville has a cost of living index of 112, which is 12% above the national average. A 1-bedroom apartment costs around $1,260/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 Waterville?

The median rent for a 1-bedroom apartment in Waterville is $1,260/month. For a 2-bedroom, expect to pay around $1,701/month. This is 10% below the national average.

Is Waterville a good place to live?

Waterville is a town with a population of 15,828. The cost of living is average, making it about average cost for the US.

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