Cost of Living in South Portland, ME

Population 26,780 · Maine · Data vintage 2023

130
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The South Portland cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $406,000, rents near $1,648 a month. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.

South Portland is about 75 miles northeast of Manchester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 21% higher than Manchester's $336,000.

Cost Overview

Housing 133
Rent 125

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in South Portland

The median home value in South Portland is $405,800 — 33% above the national median of $305,000. Median rent runs $1,648/month, 25% higher than the national median of $1,314/month. The median household income of $84,563/year is 13% higher than the US median of $74,580. The local unemployment rate is 2.8%, below the national average of 4.8%. Maine's top state income tax rate is 7.2% and the combined sales tax is 5.5%. The climate averages highs of 56.4°F and lows of 38.6°F, with about 68.7" of annual snowfall. Overall, South Portland has a cost of living index of 130 versus the US average of 100, meaning it is 30% more expensive.

🏠 Housing

Median Home Value
$405,800
33% above avg
Zillow Home Value
$501,479
Zillow ZHVI
Median Rent
$1,648/mo
25% above avg
Zillow Rent
$2,350/mo
Zillow ZORI
Price-to-Rent Ratio
20.5x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$839
1 BR
$901
2 BR
$1,155
3 BR
$1,455
4 BR
$1,649
Owner-occupied 60.3%
Renter-occupied 39.7%

💰 Estimated Monthly Budget

Rent median rent
$1,648
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,262/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.4 min
28% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.9%

Commute Mode

Drove alone
71.9%
Carpooled
4.5%
Public transit
1.1%
Walked
4.0%
Bicycle
0.5%
Work from home
15.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.2%
Total Sales Tax 5.5%
State rate 5.5%
Avg local rate 0.0%
Property Tax 1.4%

💼 Income & Employment

Median Household Income
$84,563
13% above avg
Per Capita Income
$49,719
Unemployment Rate
2.8%
42% below avg
Poverty Rate
6.0%
Labor Force Participation
72.9%

🎓 Education

Bachelor's degree+ 31.2%
Graduate degree 18.1%

👥 Demographics

Median Age 40.7
Male median age 38.4
Female median age 43.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.4°F
Avg Low
38.6°F
Annual Precip
48.1"
Annual Snowfall
68.7"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323542546474807971604838
Low °F 161726354655616052413222
Precip" 3.503.544.084.413.674.153.433.573.775.254.254.50
Snow" 18.616.613.62.80.00.00.00.00.00.22.314.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
72.9%
Good air days/yr
120
Max AQI recorded
175
PM2.5 days
179
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
12.1:1
Student-teacher ratio
8
Public schools
2,963
Total enrollment

Frequently Asked Questions

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

South Portland has a cost index of 130 (100 = national average). It is 30% above the national average.

What is average rent in South Portland, ME?

The median gross rent in South Portland is $1,648 per month based on 2023 Census data.

What is the average home price in South Portland?

The median home value in South Portland is $405,800 according to Zillow and Census data.

What is the median income in South Portland?

The median household income in South Portland is $84,563 per year (2023 ACS 5-year estimates).

What is the sales tax in South Portland, ME?

The combined state and local sales tax rate in South Portland is 5.5%. The Maine state income tax top rate is 7.2%.

Is South Portland, ME affordable?

South Portland is above average in cost of living, with an index of 130 — about 30% higher than the national average.

What is the weather like in South Portland?

South Portland has average high temperatures of 56.4°F and average lows of 38.6°F. Annual precipitation is 48.1". Average annual snowfall is 68.7". Data from NOAA 1991–2020 Climate Normals.

South Portland at a Glance

Population
26,780
Median Income
$84,563
Home Value
$405,800
Median Rent
$1,648/mo
Unemployment
2.8%
Avg High Temp
56.4°F
Sales Tax
5.5%
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