Housing costs in Portland?
A typical home costs
$451,100, which is 33.4% more expensive than the national average of
$338,100 and 35.1% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Portland costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 35.2% more than the state average of
$1,250.
Can I afford Portland?
To live comfortably in Portland, Maine, a minimum annual income of
$86,400 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Portland?
Portland, Maine is located on the Atlantic Ocean coast and has a population estimated at 67 thousand people. This beautiful city provides stunning views along with access to many cultural attractions including art galleries, museums, theatres, historical sites and more. The cost of living here is slightly higher than the national average due to increased housing costs but nonetheless remains an attractive destination due to its picturesque environment and higher median incomes relative to other cities nearby.