Can An Accountant Afford Rent in Gorham, ME?

Stretched but workable — rent takes 30.6% of gross income.

Gorham rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Gorham median rent
$2,150/mo
Accountant salary (Maine)
$84,425/yr
Rent as % of income
30.6%
Gross monthly income works out to about $7,035, and the 30% rule supports up to $2,111/mo in rent. Gorham's median rent of $2,150 exceeds that threshold by $39/mo, putting an accountant salary into the rent-burdened range here. An accountant works roughly 53 hours a month to cover that rent.

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 Gorham, which improves the affordability math on an accountant salary:

Saco, ME
$2,133/mo (30.3% of income)
Brunswick, ME
$2,125/mo (30.2% of income)
Brunswick, ME
$2,123/mo (30.2% of income)

Compare with full rent data for Gorham

View full rent data for Gorham, ME

Frequently asked questions

Can an accountant afford rent in Gorham, ME?

Median rent in Gorham is $2,150 a month. A typical accountant in Maine earns about $84,425 a year, which makes that rent 30.6% 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 Gorham?

Using the 30% rule, an accountant salary in Maine (~$84,425/yr) supports up to $2,111 a month in rent. Gorham's current median rent is $2,150/mo, which is $39/mo over the affordability threshold.

How many hours does an accountant work to cover rent in Gorham?

At an hourly equivalent of about $41 an hour, an accountant in Maine works roughly 53 hours a month to cover Gorham's median rent of $2,150.

Where is rent cheaper than Gorham for an accountant?

Nearby Maine cities with lower median rent include Saco ($2,133/mo), Brunswick ($2,125/mo), Brunswick ($2,123/mo). Each shifts the affordability math materially on an accountant salary.

Methodology: Salary uses the BLS-derived Maine state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Gorham, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.