CostIndexUSA

Cary, NC vs Portland, ME Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Cary
98.2
overall index
$1,650/mo rent
ME
Portland
101.9
overall index
$2,200/mo rent

Cary is slightly cheaper than Portland — 3.8% lower overall cost of living.

To match an $80,000 salary in Cary, you would need $83,000 in Portland. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+1.6%
Cary
103.5
Portland
105.2
🛒 Groceries+0.6%
Cary
96.6
Portland
97.2
🚗 Transportation+5.1%
Cary
103.1
Portland
108.4
🏥 Healthcare+5.0%
Cary
93.3
Portland
98
Utilities+51.2%
Cary
89
Portland
134.6

Salary Equivalency Calculator

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

$
Equivalent salary in Portland, ME
$83,000
$3,000 more needed in Portland

Formula: salary × (101.9 ÷ 98.2) = salary × 1.0377. Based on BEA Regional Price Parities.

Housing Market

Cary, NC

Median Home Price
$428,000
Median Monthly Rent
$1,650
Housing Index
103.5
Price-to-Rent Ratio
21.6×

Portland, ME

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

Portland has 1.6% higher housing costs compared to Cary.

Income & Job Market

Cary, NC

Median Household Income
$96,100
Per Capita Income
$54,800
Unemployment Rate
3.5%
Population
174,721
Top Industries
TechnologyFinanceHealthcareEducationResearch

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).

Cary, NC
4.9×income-to-rent ratio

79% 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.