Cost of Living in Hartland, Maine . See what you'll need to earn to keep your current standard of living … Hawaii’s housing index is 318.6, where a two-bedroom costs about $1,895 per month and the median home value is about $660,000. The cost of a house there in this state is about $40,000 higher than the national average. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. As the name implies, subsidized housing offers independent living at … Maine has the 14th highest cost of living of any state. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. This means that the cost of living in Hawaii is 92.9% higher than the U.S. average. The pros and cons depend a lot on where you are in your life. Maine (Average income: $29,703) Another repeater in its position from last year, Maine suffers from a combination of below-average incomes with above-average cost of living. Home; Cost of Living; Cost of living is a measure of the people's purchasing power in a specific location. Retirees in Maine can opt for independent living, assisted living, memory care, or … Maine. As of the 2010 census, the population was 122,151. So we used that cost of living index in order to rank all of the 22 places in Maine that have more than 1,000 people. Spending estimates were adjusted to the state level by multiplying each cost category by its corresponding cost of living index score in each state, sourced from the Missouri Economic Research and Information Center’s 2020 Q1 cost of living index data. I was born in Maine and couldn’t wait to leave when I graduated from high school. State of Maine salaries average $42,596.00, indicating a pay rate that is lower than the U.S. average annual salary by $11,025.00. Whenever I tell non-Mainers where I live, I get two responses. The average american will pay 10.30% more on goods and services than a resident of Maine.. Coffee is generally $0.42 less in Maine than the rest of America . Make your dream of living in Maine a reality. Cost of Living. People living in rural areas tend to have the most challenges finding affordable housing, with 54% of seniors who rent describing themselves as being cost-burdened, according to a recent survey. The assumption is the sole provider is working full-time (2080 hours per year). Maine also ranked eighth among the 10 worst states in which to retire, according to MoneyRates. What's the cost of living in Portland, ME? Portland, Maine’s cost of living is 13% higher than the national average. You can then compare these metrics in each of the places in Maine to figure out which is the most expensive. Key findings. The cost of living for expatriates in Maine ME as at October 2020 is high in comparison to other places in the world, with an overall Cost of Living Index (COLI), for all 13 basket groups, of 79.96 (New York =100). Public trails, land preserves and access to rivers and lakes makes it easy to enjoy the state's outdoors. Instead, they learned the human cost of living in Maine’s most distressed neighborhood. Cost of living in Washington (US) compared to Maine (US). You are going to pay a little extra for the privilege of living in Maine. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. Maine is gorgeous and the people are genuinely friendly, but I do miss New York's diversity. The sales tax is 5.50%. We provide several metrics to compare the cost of living including cost of groceries, transportation, and more. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Annual cost of living: ... the 65-and-older expenditures from the Bureau of Labor Statistics’ 2018 Consumer Expenditure Survey by the cost-of-living index for each state from the Missouri Economic Research and Information Center’s cost-of-living series for the third quarter of 2019. If you prefer more privacy, you can get a private room for approximately $9,764 a month. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities. Explore the best places to live in Maine based on crime, public schools, cost of living, real estate, and local amenities. An amount below 100 means Caribou is cheaper than the US average. Maine Taxes. #7 Counties with the Lowest Cost of Living in Maine Visitor : Kennebec County is a county located in the state of Maine, in the United States. Rockland is a city in Knox County, Maine, with a population of 7,190. The cost of living index of Maine was 98 for all in 2017. Where Property taxes and Utilities are big ticket items once you retire. Maine's income tax rate ranges from 5.8% to a top marginal rate of 7.15%. Compare the Cost of Living in Portland, Maine against another US Cities and States. Real Mainers discuss how to make a living in Maine, where to buy a home in Maine, working in Maine, learning to love the Maine winters, meet someone in Maine, raising kids in Maine, and put down roots. Assisted Living in Maine . Public officials and residents are increasingly concerned about Portland's affordability because Portland's housing costs are rising steadily. The cost of living index of New Hampshire was 106 for all in 2017. Home values are higher in Maine than the national average. Compare cost of living in Portland with factors like salaries, housing expenses, groceries, utilities and more. In 2009, Maine was awarded its most humiliating honor as the whitest state. Our research indicates that the average cost of assisted living in Maine surpasses average costs for the rest of the country by nearly $1,000 per month. Here are some fun facts about the differences between the cost of living in Maine and the rest of American.. Transportation is on average 9.50% more than the rest of America.. Cost of living in Florida (US) compared to Maine (US). Our cost of living indices are based on a US average of 100. Hartland is a Census-designated place in Somerset County, Maine, with a population of 803. If you prefer to rent a home instead, then your cost is about $1,900 per month. Tax Burden: Maine, with a tax burden of just over 10%, is the ninth highest in the country. 2. Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a family of 4 must earn to meet their basic needs without relying on outside help in every U.S. state. The costs vary greatly from city to city - for example, Assisted Living in Bangor, Maine costs $4,100 monthly, while those living in the Portland area pay almost $6,000 per month. A cost of living index above 100 means Caribou, Maine is more expensive. 1. I wanted to get away from a place where everybody knew everybody. The cost of living in Bangor is 3% lower than the Maine average; The cost of living in Bangor is 2% higher than the national average; Bangor housing is 19% lower than the national average; Maine general sales tax is 8% higher than the national average States with the Highest Cost of Living. The cost for a semi-private room is roughly $9,140 a month. Maine is annually ranked as one of the top 10 healthiest states in America. The consumer price index (CPI) of 232 in Maine is 5.31% lower than the U.S. city average CPI of 245. Cost of Living in Rockland, Maine . Living Wage Calculation for Maine. by Callie Ferguson and Josh Keefe September 25, 2019 September 26, 2019 Share this: We have gathered data on over 20,000 assisted living facilities across America and 80 in the state of Maine. List of the Cons of Living in Maine. Overview of Maine Taxes. Given the high cost of living, the region has a sizable homeless population – some members of which came to the metro area from elsewhere to benefit from regional social services. Caribou cost of living is 79.7 Lots of people went to camp here. The cost for Assisted Living Care in Maine state averages almost $5,000 per month, (close to $60,000 a year). What you are left with is a "Cost of Living Index" by taking the average rank of each of these metrics for each city. Maine's Living Options for Seniors. The state has a high standard deduction that helps low- and middle-income Mainers at tax time. Marginal Income Tax Rates. I would like to hear feedback if you have lived in NH or Maine or possible both states in the past or present as far as the cost of living. The cost of living in Maine is lower than the national average. Let us help you discover what it's like to live in Maine. A can of coke is generally $0.09 more than other states. The state with the highest cost of living index is Hawaii, whose index is 192.9. Costs of Assisted Living in Maine. Similarly, according to a National Center for Assisted Living report, the median cost for assisted living in the United States is about $4,000 per month or $48,000 annually. It also doesn’t help that it has one of the highest state tax rates. Maine has a progressive income tax system that features rates that range from 5.80% to 7.15%. According to Genworth Financial, the average cost of assisted living in 2018 was $4,000 per month. 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