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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
$87K
local median income, national buying power

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

What the Numbers Mean for Portland

Portland ranks #58 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it among the priciest quarter of U.S. metros. 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.

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 gap from the national average is led by services at 134.6. Goods barely move between metros; the spread you feel is housing and services.

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.

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.

Price Index Summary

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

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.

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

Metros with Similar Cost of Living

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

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
  • Weigh housing heaviest: rents here index at 105.2 (5.2% above average) - the single largest swing in the RPP, while goods barely move between metros.
  • Local median household income is $88,602; adjusted for Portland's price level that is about $86,986 in national-average buying power.
  • 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.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

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.

Federal data behind these figures
  • BEA Regional Price Parities (RPP) - the cost-of-living indices shown on this page. bea.gov/data/regional-price-parities
  • U.S. Census Bureau, American Community Survey (ACS) - the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
  • BLS Consumer Price Index (CPI) - the price program underlying BEA's goods and services price relatives. bls.gov/cpi
  • BLS Occupational Employment and Wage Statistics (OEWS) - wage reference for the labor-driven services component. bls.gov/oes
  • HUD Fair Market Rents (FMR) - federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. This page draws directly on BEA Regional Price Parity source data, no figure 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 2026-05-15. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.