Auburn, ME

Below Avg · 76

Maine · Population 24,294 · Updated March 2026

$983
Median Rent / Month
$66,552
Median Income
$254,600
Median Home Value
$1,157
Owner Costs / Month

Affordability

How far your income goes in Auburn

17.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Maine

State-level tax rates that affect your costs

7.15%
Income Tax (Top Rate)
5.5%
Sales Tax
1.3%
Property Tax Rate

Estimated Annual Costs

$11,796
Annual Rent
$4,758
State Income Tax
$3,310
Property Tax (est.)

Cost of Living Overview

Auburn is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 76 (where 100 equals the national median), Auburn residents can expect to pay median rent of $983/month while earning a median household income of $66,552/year.

The median home value in Auburn, ME is $254,600, with typical monthly owner costs around $1,157 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Maine has a moderate income tax rate of 7.15%. Combined with a 5.5% sales tax rate and 1.3% effective property tax rate, the overall tax environment is a factor in the total cost of living in Auburn.

Frequently Asked Questions

Common questions about living costs in Auburn

What is the cost of living in Auburn, ME?
The cost of living index in Auburn, ME is 76 (US average = 100). Median monthly rent is $983, median household income is $66,552/year, and the median home value is $254,600.
Is Auburn, ME affordable?
Yes, Auburn is more affordable than the national average with a cost index of 76. The rent-to-income ratio is 17.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Auburn, ME?
The median gross rent in Auburn, ME is $983 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,796.
What is the median household income in Auburn?
The median household income in Auburn, ME is $66,552 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Maine?
Maine has a top income tax rate of 7.15%, a sales tax of 5.5%, and an effective property tax rate of 1.3%.