Can An Accountant Afford Rent in Waterville, ME?
Comfortably affordable — rent takes 18.4% of gross income.
Waterville 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 Waterville, which improves the affordability math on an accountant salary:
Compare with full rent data for Waterville
View full rent data for Waterville, ME →Frequently asked questions
Can an accountant afford rent in Waterville, ME?
Median rent in Waterville is $1,295 a month. A typical accountant in Maine earns about $84,425 a year, which makes that rent 18.4% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Waterville?
Using the 30% rule, an accountant salary in Maine (~$84,425/yr) supports up to $2,111 a month in rent. Waterville's current median rent is $1,295/mo, which leaves a $816/mo buffer.
How many hours does an accountant work to cover rent in Waterville?
At an hourly equivalent of about $41 an hour, an accountant in Maine works roughly 31.9 hours a month to cover Waterville's median rent of $1,295.
Where is rent cheaper than Waterville for an accountant?
Nearby Maine cities with lower median rent include Presque Isle ($1,150/mo), Presque Isle ($1,150/mo), Bangor ($1,081/mo). Each shifts the affordability math materially on an accountant salary.