CostIndexUSA

Portland, ME vs Reading, PA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ME
Portland
101.9
overall index
$2,200/mo rent
More AffordablePA
Reading
97.1
overall index
$1,400/mo rent

Reading is slightly cheaper than Portland — 4.7% lower overall cost of living.

To match an $80,000 salary in Portland, you would need $76,200 in Reading. Calculate your salary ↓

Category Breakdown

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

🏠 Housing18.8%
Portland
105.2
Reading
85.4
🛒 Groceries+3.6%
Portland
97.2
Reading
100.7
🚗 Transportation5.4%
Portland
108.4
Reading
102.6
🏥 Healthcare5.3%
Portland
98
Reading
92.8
Utilities19.6%
Portland
134.6
Reading
108.2

Salary Equivalency Calculator

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

$
Equivalent salary in Reading, PA
$76,200
$3,800 less needed in Reading

Formula: salary × (97.1 ÷ 101.9) = salary × 0.9529. Based on BEA Regional Price Parities.

Housing Market

Portland, ME

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

Reading, PA

Median Home Price
$299,000
Median Monthly Rent
$1,400
Housing Index
85.4
Price-to-Rent Ratio
17.8×

Portland has 18.8% lower housing costs compared to Reading.

Income & Job Market

Portland, ME

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

Reading, PA

Median Household Income
$75,700
Per Capita Income
$43,100
Unemployment Rate
5%
Population
95,112
Top Industries
HealthcareManufacturingRetailEducationLogistics

Affordability at a Glance

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

Portland, ME
3.5×income-to-rent ratio

71% of income left after rent (median)

Reading, PA
4.5×income-to-rent ratio

78% 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.