Cost of Living in York-Kittery-South Berwick, ME

How far does a $70,000 salary go in York-Kittery-South Berwick? Estimated income taxes on that gross salary total approximately $10,733 per year — combining federal taxes with Maine's state income tax. Subtract rent for a 2-bedroom apartment ($2,202/month based on HUD Fair Market Rents for the York-Kittery-South Berwick metro area) and the estimated annual take-home is $32,843, or roughly $2,737 per month for everything else: food, transportation, savings, and discretionary spending.

At a $70,000 salary, the estimated 2-bedroom rent in York-Kittery-South Berwick represents approximately 38% of gross income. That is well above what most financial advisors recommend, indicating that York-Kittery-South Berwick is a financial stretch at a $70,000 salary without roommates or a higher-earning household.