Can An Accountant Afford Rent in Old Town, ME?
Comfortably affordable — rent takes 25.6% of gross income.
Old Town 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 Old Town, which improves the affordability math on an accountant salary:
Compare with full rent data for Old Town
View full rent data for Old Town, ME →Frequently asked questions
Can an accountant afford rent in Old Town, ME?
Median rent in Old Town is $1,801 a month. A typical accountant in Maine earns about $84,425 a year, which makes that rent 25.6% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Old Town?
Using the 30% rule, an accountant salary in Maine (~$84,425/yr) supports up to $2,111 a month in rent. Old Town's current median rent is $1,801/mo, which leaves a $310/mo buffer.
How many hours does an accountant work to cover rent in Old Town?
At an hourly equivalent of about $41 an hour, an accountant in Maine works roughly 44.4 hours a month to cover Old Town's median rent of $1,801.
Where is rent cheaper than Old Town for an accountant?
Nearby Maine cities with lower median rent include South Portland ($1,799/mo), Portland ($1,780/mo), Rockland ($1,775/mo). Each shifts the affordability math materially on an accountant salary.