Cost of Living in Augusta, ME

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

87.8

100 = national avg

-12.2 vs national average

Living Wage (1 Adult)

$38,629

per year

Living Wage (Family of 4)

$91,304

per year

Cost Index by Category

Housing
100.3
Food
87.3
Transportation
67.9
Healthcare
89.8
Utilities
92.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,090

per month

2 Bedroom

$1,416

per month

The overall cost of living index in Augusta is 87.8, which is 12.2% below the national average. Housing costs are above the national average at an index of 100.3. A single adult needs to earn approximately $38,629 per year to cover basic expenses.