Auburn, ME is a great place to live. With an average two bedroom rent of $1,070, it is much lower than the US average of $1,430. This makes Auburn an affordable place to live while still enjoying all that Maine has to offer. Additionally, the Grocery Cost Index in Auburn is 105 versus 100 in the US which means grocery costs are slightly more expensive in Auburn than across the nation; however, this difference is not dramatic.
The city of Auburn is home to several local businesses including Sun Journal, C.N Brown Company, and Twin City Motors. Sun Journal provides news updates for residents and visitors alike and C.N Brown Company offers energy services such as heating oil delivery and electricity supply throughout central and western Maine. Finally, Twin City Motors provides quality automotive services from routine maintenance to major repairs for all your car needs.
Auburn has an unemployment rate of 5.1%. The US average is 6.0%.
Auburn has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Auburn
- The Sales Tax Rate for Auburn is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Auburn is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Auburn
- The average income of a Auburn resident is $34,324 a year. The US average is $37,638 a year.
- The Median household income of a Auburn resident is $55,402 a year. The US average is $69,021 a year.