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Metro cost profile · 2024 BEA RPP

Portland-South Portland, ME

Cost-of-living indicators for Portland-South Portland, ME, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

101.9
Overall RPP
#58
of 387 metros
105.2
Rents RPP
$98K
$100K national buys

Portland ranks #58 of 387 U.S. metros by cost, and its overall price index has held steady since 2008.

  • stable since 2008
  • similar cost to Providence-Warwick

The verdict

Portland is more expensive than 85% of U.S. metros, an overall cost index of 101.9, 1.9% above the national average, led by services at 134.6.

top 15%
by overall cost, nationwide
97.2
goods RPP, tradable items
134.6
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $98,176 here; matching a $100K lifestyle takes roughly $101,858.

Latest BEA release change

What changed from 2023 to 2024

Portland's overall RPP fell -2.5 points, from 104.4 in 2023 to 101.9 in 2024. The largest category movement was rents, changing from 119.4 to 105.2. This is a relative change against the national benchmark, not a household's dollar bill.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.6 points over this period. The largest single-year move was in 2014, when the index dropped 8.6 points from the year before, a bigger swing than the full 2008-2024 change.

Portland overall RPP, 2008-2024

Every year on record, national average = 100

Stable
9095100105110 20082024 102 102 ▼ -0.6%
Year Overall
2008 102.5
2009 103.1
2010 100.9
2011 98.6
2012 101.3
2013 103.0
2014 94.5
2015 99.9
2016 102.3
2017 102.2
2018 101.9
2019 97.6
2020 102.6
2021 101.9
2022 104.8
2023 104.4
2024 101.9

Portland vs every U.S. metro

Where this metro sits in the national cost distribution

102 Top 15% higher than 85% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). Below this entry. 100–104: 54 US metros (14%). This entry sits in this band. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Portland cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Portland's strongest departure is services at 134.6; rents follows at 105.2. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Portland's cost comes from

Metros near Portland's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 105.2, rents 98.4). Portland is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 9698100102104106 9095100105110 Goods RPP (tradable items) → Rents RPP (housing) → PortlandProvidenceAlbanyHanfordEugeneFresnoMedford
Crosshairs sit at the group median (goods 105.2, rents 98.4). Portland is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Portland (Portland, this metro): goods RPP 97.2, rents RPP 105.2
  • Providence: goods RPP 97.1, rents RPP 103.9
  • Albany: goods RPP 105.3, rents RPP 101.1
  • Hanford: goods RPP 105.2, rents RPP 93.5
  • Eugene: goods RPP 105.3, rents RPP 98.4
  • Fresno: goods RPP 105.2, rents RPP 95.7
  • Medford: goods RPP 105.3, rents RPP 97.7

Price Index Summary

Overall

101.9

Above avg

Goods

97.2

Below avg

Services

134.6

Expensive

Rents

105.2

Above avg

Service-cost-led profile

How Portland's cost structure works

Services are the defining pressure in Portland: the BEA services component is 134.6, farther above the national baseline than local rents or tradable goods. That service-heavy pattern explains an overall RPP of 101.9 differently from a housing-led metro.

Across all reported metros, the closest component-profile matches are Albany-Schenectady-Troy, NY, Kingston, NY, Burlington-South Burlington, VT. They resemble Portland across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Portland's overall index has stayed within 0.6 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$101,858

in Portland-South Portland, ME purchasing power

$50,000 nationally
$50,929
$75,000 nationally
$76,394
$125,000 nationally
$127,323
$150,000 nationally
$152,787
$200,000 nationally
$203,716

Use the salary calculator for custom amounts.

Affordability score

F
21/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability F
21st percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

ME-relative analysis

Goods prices places Portland-South Portland, ME near the bottom of ME's metros

Among the 3 ME metros PlainCost tracks with reported goods prices data, Portland-South Portland, ME ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Portland-South Portland, ME only against its own state's metros, not the full US field.

Goods prices
#1 of 3
0th percentile in ME
Services prices
#2 of 3
33rd percentile in ME
Rent prices
#1 of 3
67th percentile in ME

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within ME only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Portland-South Portland, ME: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Decision peers

Metros with a similar cost mix

These metros are closest to Portland's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Portland-South Portland, ME's index of 101.9.

Showing the 6 closest of 387 metro areas tracked nationally.

Shareable PlainCost cost snapshot for Portland cost of living snapshot

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Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

What this means for Portland

How to read Portland's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $98,176 in Portland. Salary calculator
  • Start with services: it indexes at 134.6, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Portland head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

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

Portland-South Portland, ME has a Regional Price Parity (RPP) index of 101.9, meaning it is 1.9% more expensive than the national average. Goods are indexed at 97.2, services at 134.6, and rents at 105.2. It ranks #58 out of 387 U.S. metro areas by overall cost.

What salary do I need in Portland-South Portland, ME to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $101,858 in Portland-South Portland, ME. Conversely, $100K earned in Portland-South Portland, ME has the purchasing power of $98,176 at the national average.

How expensive is rent in Portland-South Portland, ME?

Rents in Portland-South Portland, ME are indexed at 105.2, which is 5.2% above the national average. This is close to the U.S. average.

Is Portland-South Portland, ME getting more expensive?

From 2008 to 2024, Portland-South Portland, ME's overall cost index changed by -0.6 points (from 102.5 to 101.9). The cost of living has remained relatively stable.

What costs the most in Portland-South Portland, ME?

The priciest category in Portland-South Portland, ME is services at 134.6, 34.6% above the national average. The most affordable category is goods at 97.2, 2.8% below average.

What metros have a similar cost of living to Portland-South Portland, ME?

Metros with the most similar overall cost index include Providence-Warwick, Albany, Hanford-Corcoran. These areas have RPP values within a few points of Portland-South Portland, ME's 101.9.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.