Overall
101.9
+1.9 above avg
Cost-of-living indicators for Portland-South Portland, ME, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.
CBSA: 38860 · Data year: 2024 · Rank: #58 of 387
Portland-South Portland, ME has a cost of living index of 101.9, meaning it's 1.9% more expensive than the national average. Goods cost 2.8% less, services 34.6% more, and rents are 5.2% above average. A $100K national salary has the purchasing power of $98,176 here.
Portland ranks #58 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the top quartile for cost. With an overall Regional Price Parity of 101.9, Portland-South Portland, ME is 1.9% more expensive than the national baseline of 100. The gap between Portland's most and least expensive categories — services at 134.6 versus goods at 97.2 — is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $98,176 inside Portland, while a household needs roughly $101,858 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 105.2 — 5.2% above the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Portland's overall index has stayed within 0.6 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 97.2 and services at 134.6, meaning everyday spending in Portland is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
Overall
101.9
+1.9 above avg
Goods
97.2
-2.8 below avg
Services
134.6
+34.6 above avg
Rents
105.2
+5.2 above avg
Index 101.9 (+1.9 vs national avg)
Index 97.2 (-2.8 vs national avg)
Index 134.6 (+34.6 vs national avg)
Index 105.2 (+5.2 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 101.9
A $100,000 salary at the national average cost of living equals:
in Portland-South Portland, ME purchasing power
Use the salary calculator for custom amounts.
The cost of living has remained relatively stable, changing by only 0.6 points over this period.
| 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 |
These metros have an overall RPP closest to Portland-South Portland, ME's index of 101.9.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
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.
Read our methodology — how this data is sourced, computed, and verified.