Housing costs in South Portland?
A typical home costs
$448,700, which is 32.7% more expensive than the national average of
$338,100 and 34.3% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in South Portland costs
$2,080 per month, which is 66.4% more than the national average of
$1,250 and 22.6% more than the state average of
$1,610.
Can I afford South Portland?
To live comfortably in South Portland (zip 04106), Maine, a minimum annual income of
$86,040 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about South Portland?
The cost of living in 04106 South Portland, ME is slightly higher than the US average. According to Best Places, the cost of living index in South Portland is 118.2, which is higher than the US average of 100. Housing costs are significantly higher, with a median price for a home of $323,600, or almost double the national median price for a home of $184,700. Renters can expect to pay about $1,279 on average for a 1-bedroom apartment in South Portland and goods and services follow suit as prices for basic items are slightly higher than other locations in the country.