Skyline of Portland
Cost of Living: 112.5 68,408

Portland, ME, US

Foodie paradise with lobster, lighthouses, and New England coastal charm.

Updated September 12, 2026

Overview

Portland is a city in ME with a population of 68,408. Foodie paradise with lobster, lighthouses, and New England coastal charm. Housing costs are close to the national average. Gardening thrives here — the 4b growing zone supports Cold — cool-season crops, hardy perennials. A large share of residents hold a bachelor’s degree or higher.

Last updated: September 12, 2026

Cost of Living 112.5

Above Average vs US Avg (100)

Housing Index 128.4

Above Average

Median Income $58,000

Household income

Unemployment 2.8%

Job market health

Portland vs US Average

Cost of Living
Portland: 112.5
US Avg: 100
Housing Index
Portland: 128.4
US Avg: 100
State Income Tax
Portland: 7.15%
US Avg: ~5%

Taxes

  • State Income Tax: 7.2%
  • Sales Tax: 5.5%

Economy & Jobs

  • Median Income: $58,000
  • Unemployment: 2.8%
  • Population: 68,408

Climate

  • Sunny Days: 203/year
  • Summer High: 79°F
  • Winter Low: 13°F
  • Farming Zone: USDA Zone 4b

Housing

  • Median Home: $450,000
  • 1BR Rent: $1650/mo

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Cost of Living

Portland's cost of living index is 112.5 (US average = 100).

CategoryPortlandNational AverageDifference
Overall112.5100+12.5%
Housing128.4100+28.4%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$450,000
Median Rent (1BR)$1650/mo
Median Rent (2BR)$2,063/mo
Price per Sq Ft$300

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Portland:

UtilityEstimated Monthly CostNotes
Electricity$180Based on ~900 kWh/month typical US household usage
Heating & Cooling$173Estimated based on local climate. Gas or electric
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water$65Includes sewer
Internet (100+ Mbps)$75Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities$493Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Portland scores —/100 for remote work readiness:

Cost of Living
— 112.5
Rent
— $1650
Sunny Days
— 203
Tax
— 7.15%
Unemployment
— 2.8%
Climate
— 79°F / 13°F
Safety
— 7.2 homicides/100k
Population
— 68,408
Internet Speed
— 200 Mbps

Climate

Portland has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January33°F13°F2.5"
April64°F28°F2.8"
July79°F54°F1.5"
October59°F31°F2.2"
USDA Zone 4b

Cold — cool-season crops, hardy perennials

Natural Hazards

Portland faces the following natural hazards:

Blizzard High Risk

Severe winter storms.

Flood Moderate Risk

Coastal flooding.

Avalanche Moderate Risk

Mountainous region with avalanches.

Hurricane Low Risk

Rarely affected by hurricanes.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 7.15%
  • Sales Tax: 5.5%
  • Property Tax: ~1.36% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 2.8%.

Crime & Safety

Crime rates in Portland per 100,000 residents:

266.9
Violent Crime
2,478.7
Property Crime
7.2
Homicide

Data source: FBI Uniform Crime Reporting

Schools & Education

90/100
School Quality Score
Better than 76% of US cities
?
16
Total Schools
5.9:1
Student:Teacher
68.0%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

6
Universities
#972
Top University Rank
Top-Ranked University Portland State University

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Portland is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
3.2%
Black or African American
8.8%
Hispanic or Latino
3.1%
Native American
0.1%
Native Hawaiian or Pacific Islander
0.0%
Other
0.4%
Two or more races
5.0%
White
79.5%

Education

Bachelor's degree or higher
59.2%
High school graduate
15.1%
Less than high school
4.3%
Some college
21.4%

Religion

Christian
60.0%
Other
7.0%
Unaffiliated
33.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Portland, ME, US?

The cost of living index in Portland is 112.5, which is Higher the US national average of 100.

How much does it cost to buy a home in Portland?

The median home price in Portland is $450,000. The housing index is 128.4.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Portland is approximately $1650/mo.

Does Portland, ME have income tax?

Portland is in ME, which has an income tax rate of 7.15%.

What is the climate like in Portland?

Portland enjoys approximately 203 sunny days per year. Summer highs reach around 79°F, while winter lows can drop to around 13°F.

Relocation Guides

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.