Cost of Living: South Portland, ME vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,137/mo in South Portland, ME versus $4,116/mo in New York, NY. In the model, rent is about 24.02% of gross in South Portland, ME versus 25.92% in New York, NY, so South Portland, ME tends to feel more affordable for rent.

Take-home in South Portland, ME
$4,137/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in South Portland, ME
24.02%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between South Portland, ME and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): South Portland, ME
  • Lower rent (median 1BR/2BR): South Portland, ME
  • Lower home prices: South Portland, ME
  • Higher median household income: South Portland, ME

Cost of Living Index

South Portland, ME: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

South Portland, ME has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

South Portland, ME: $1,566/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $124/mo higher than in South Portland, ME.

Median Home Price

South Portland, ME: $405,800 · New York, NY: $751,700

Median home price in New York, NY is $345,900 higher than in South Portland, ME.

Median Household Income

South Portland, ME: $84,563 · New York, NY: $79,713

South Portland, ME has a higher median household income than New York, NY by $4,850.

South Portland, ME overview · New York, NY overview · Popular comparisons