CostIndexUSA

Philadelphia, PA vs Portland, ME Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

PA
Philadelphia
102.6
overall index
$1,850/mo rent
More AffordableME
Portland
101.9
overall index
$2,200/mo rent

Portland is slightly cheaper than Philadelphia — 0.7% lower overall cost of living.

To match an $80,000 salary in Philadelphia, you would need $79,500 in Portland. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing7.0%
Philadelphia
113.1
Portland
105.2
🛒 Groceries≈ Equal
Philadelphia
96.8
Portland
97.2
🚗 Transportation≈ Equal
Philadelphia
108.2
Portland
108.4
🏥 Healthcare≈ Equal
Philadelphia
97.9
Portland
98
Utilities+17.7%
Philadelphia
114.4
Portland
134.6

Salary Equivalency Calculator

Enter your current salary in Philadelphia to see what you'd need to earn in Portland to maintain the same purchasing power.

$
Equivalent salary in Portland, ME
$79,500
$500 less needed in Portland

Formula: salary × (101.9 ÷ 102.6) = salary × 0.9932. Based on BEA Regional Price Parities.

Housing Market

Philadelphia, PA

Median Home Price
$374,000
Median Monthly Rent
$1,850
Housing Index
113.1
Price-to-Rent Ratio
16.8×

Portland, ME

Median Home Price
$516,000
Median Monthly Rent
$2,200
Housing Index
105.2
Price-to-Rent Ratio
19.5×

Philadelphia has 7.0% lower housing costs compared to Portland.

Income & Job Market

Philadelphia, PA

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
4.5%
Population
1,603,797
Top Industries
HealthcareEducationFinanceTourismManufacturing

Portland, ME

Median Household Income
$92,100
Per Capita Income
$52,500
Unemployment Rate
2.4%
Population
68,408
Top Industries
HealthcareEducationTourismFinanceTechnology

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Philadelphia, PA
3.9×income-to-rent ratio

74% of income left after rent (median)

Portland, ME
3.5×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.