Can An Accountant Afford Rent in Cape Elizabeth, ME?
Rent-burdened — rent takes 41.3% of gross income.
Cape Elizabeth rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).
About rent and an accountant salary
Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.
Cheaper rent nearby
These Maine cities have lower median rent than Cape Elizabeth, which improves the affordability math on an accountant salary:
Compare with full rent data for Cape Elizabeth
View full rent data for Cape Elizabeth, ME →Frequently asked questions
Can an accountant afford rent in Cape Elizabeth, ME?
Median rent in Cape Elizabeth is $2,908 a month. A typical accountant in Maine earns about $84,425 a year, which makes that rent 41.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can an accountant afford in Cape Elizabeth?
Using the 30% rule, an accountant salary in Maine (~$84,425/yr) supports up to $2,111 a month in rent. Cape Elizabeth's current median rent is $2,908/mo, which is $797/mo over the affordability threshold.
How many hours does an accountant work to cover rent in Cape Elizabeth?
At an hourly equivalent of about $41 an hour, an accountant in Maine works roughly 71.6 hours a month to cover Cape Elizabeth's median rent of $2,908.
Where is rent cheaper than Cape Elizabeth for an accountant?
Nearby Maine cities with lower median rent include Scarborough ($2,870/mo), Scarborough ($2,844/mo), Scarborough ($2,843/mo). Each shifts the affordability math materially on an accountant salary.