Biddeford, ME

Average · 96

Maine · Population 22,463 · Updated March 2026

$1,187
Median Rent / Month
$69,794
Median Income
$349,300
Median Home Value
$1,330
Owner Costs / Month

Affordability

How far your income goes in Biddeford

20.4%
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

$14,244
Annual Rent
$4,990
State Income Tax
$4,541
Property Tax (est.)

Cost of Living Overview

Biddeford has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), Biddeford residents can expect to pay median rent of $1,187/month while earning a median household income of $69,794/year.

The median home value in Biddeford, ME is $349,300, with typical monthly owner costs around $1,330 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.4% 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 Biddeford.

Frequently Asked Questions

Common questions about living costs in Biddeford

What is the cost of living in Biddeford, ME?
The cost of living index in Biddeford, ME is 96 (US average = 100). Median monthly rent is $1,187, median household income is $69,794/year, and the median home value is $349,300.
Is Biddeford, ME affordable?
Yes, Biddeford is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 20.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Biddeford, ME?
The median gross rent in Biddeford, ME is $1,187 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,244.
What is the median household income in Biddeford?
The median household income in Biddeford, ME is $69,794 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%.