Can An Accountant Afford Rent in Saco, ME?

Comfortably affordable — rent takes 29% of gross income.

Saco rent: July 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Saco median rent
$2,040/mo
Accountant salary (Maine)
$84,425/yr
Rent as % of income
29%
Gross monthly income works out to about $7,035, and the 30% rule supports up to $2,111/mo in rent. Saco's median rent of $2,040 leaves roughly $71/mo of headroom under that threshold. An accountant works roughly 50.3 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 Saco, which improves the affordability math on an accountant salary:

Biddeford, ME
$2,038/mo (29% of income)
Old Orchard Beach, ME
$2,032/mo (28.9% of income)
Old Orchard Beach, ME
$2,026/mo (28.8% of income)

Compare with full rent data for Saco

View full rent data for Saco, ME

Frequently asked questions

Can an accountant afford rent in Saco, ME?

Median rent in Saco is $2,040 a month. A typical accountant in Maine earns about $84,425 a year, which makes that rent 29% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an accountant afford in Saco?

Using the 30% rule, an accountant salary in Maine (~$84,425/yr) supports up to $2,111 a month in rent. Saco's current median rent is $2,040/mo, which leaves a $71/mo buffer.

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

At an hourly equivalent of about $41 an hour, an accountant in Maine works roughly 50.3 hours a month to cover Saco's median rent of $2,040.

Where is rent cheaper than Saco for an accountant?

Nearby Maine cities with lower median rent include Biddeford ($2,038/mo), Old Orchard Beach ($2,032/mo), Old Orchard Beach ($2,026/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 Saco, ME. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.