Cost Of Living in Valley Street, ME

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C-

38%

Overall NAT. AVG.

9%

Goods & Services NAT. AVG.

111%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Valley Street	Portland	Maine
Cost of living	138	121	102
Goods & Services	109	109	109
Groceries	102	102	102
Health care	103	103	103
Housing	211	153	92
Transportation	109	109	109
Utilities	107	107	107

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Cost Of Living Quick Facts

The cost of living in Valley Street is 35% higher than the Portland average
The cost of living in Valley Street is 38% higher than the national average
Valley Street housing is 111% higher than the national average
Maine general sales tax is 8% higher than the national average
Maine state income tax is 123% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$48,548	$4,046	$1,133	$1,457

Maine Sales Tax

State	General Sales Tax	With Max Surtax
Maine	5.5%	5.5%

Maine Income Tax

State	Income Tax (Low)	Income Tax (High)
Maine	5.8%	7.15%

Goods & Services

Item	Portland	National avg.	Difference
Haircut	$28.67	$24.26	18.2%
Beauty Salon	$53.03	$45.56	16.4%
Toothpaste	$3.69	$3.70	0.3%
Shampoo	$1.17	$1.28	8.9%
Movie	$13.07	$12.13	7.7%
Bowling	$17.76	$18.00	1.4%

Groceries

Item	Portland	National avg.	Difference
Ground Beef	$5.41	$5.84	7.3%
Fried Chicken	$1.43	$1.57	8.9%
Milk	$4.75	$4.67	1.7%
Potatoes	$5.00	$4.93	1.3%
Pizza	$11.93	$12.09	1.3%
Beer	$10.22	$10.41	1.9%

Health Care

Item	Portland	National avg.	Difference
Optometrist	$170.67	$125.68	35.8%
Doctor	$146.50	$135.78	7.9%
Dentist	$119.58	$113.29	5.6%
Ibuprofen	$10.72	$10.65	0.7%
Lipitor	$372.90	$468.60	20.4%

Housing

Item	Portland	National avg.	Difference
Home Price	$302,700.00	$184,700.00	63.9%
Avg. Mortgage Payment	$2,456.69	$2,346.69	4.7%
Apartment Rent	$1,204.00	$949.00	26.9%

Transportation

Item	Portland	National avg.	Difference
Gasoline	$3.52	$3.46	1.7%
Tire Balancing	$76.01	$59.92	26.8%

Utilities

Item	Portland	National avg.	Difference
All Electricity	$218.65	$193.99	12.7%
Phone	$185.73	$192.25	3.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Little Falls, ME	745	103	3.4%
Standish, ME	198	108	7.9%
Freeport, ME	1,879	108	8.1%
Old Orchard Beach, ME	8,952	109	9.2%
Westbrook, ME	18,935	113	12.6%
Portland, ME	66,706	121	20.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
West Des Moines, IA	66,724	102	1.7%
Redondo Beach, CA	66,663	212	112.2%
Yuba City, CA	66,660	123	23.3%
Oshkosh, WI	66,753	92	7.6%
Kenner, LA	66,759	99	1.1%
Portland, ME	66,706	121	20.8%