CostIndexUSA

Portland, ME vs Springfield, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ME
Portland
101.9
overall index
$2,200/mo rent
More AffordableMO
Springfield
88.6
overall index
$1,275/mo rent

Springfield is moderately cheaper than Portland — 13.1% lower overall cost of living.

To match an $80,000 salary in Portland, you would need $69,600 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing37.6%
Portland
105.2
Springfield
65.6
🛒 Groceries3.1%
Portland
97.2
Springfield
94.2
🚗 Transportation9.9%
Portland
108.4
Springfield
97.7
🏥 Healthcare9.8%
Portland
98
Springfield
88.4
Utilities36.3%
Portland
134.6
Springfield
85.8

Salary Equivalency Calculator

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

$
Equivalent salary in Springfield, MO
$69,600
$10,400 less needed in Springfield

Formula: salary × (88.6 ÷ 101.9) = salary × 0.8695. 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×

Springfield, MO

Median Home Price
$260,000
Median Monthly Rent
$1,275
Housing Index
65.6
Price-to-Rent Ratio
17.0×

Portland has 37.6% lower housing costs compared to Springfield.

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

Springfield, MO

Median Household Income
$62,900
Per Capita Income
$35,900
Unemployment Rate
2.9%
Population
167,882
Top Industries
HealthcareEducationManufacturingRetailFinance

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)

Springfield, MO
4.1×income-to-rent ratio

76% 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.