Can An Electrician Afford Rent in Waterville, ME?
Comfortably affordable — rent takes 23.9% of gross income.
Waterville rent: June 2026. Salary: BLS OEWS May 2024 (Maine state estimate).
About rent and an electrician salary
Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.
Cheaper rent nearby
These Maine cities have lower median rent than Waterville, which improves the affordability math on an electrician salary:
Compare with full rent data for Waterville
View full rent data for Waterville, ME →Frequently asked questions
Can an electrician afford rent in Waterville, ME?
Median rent in Waterville is $1,295 a month. A typical electrician in Maine earns about $65,007 a year, which makes that rent 23.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an electrician afford in Waterville?
Using the 30% rule, an electrician salary in Maine (~$65,007/yr) supports up to $1,625 a month in rent. Waterville's current median rent is $1,295/mo, which leaves a $330/mo buffer.
How many hours does an electrician work to cover rent in Waterville?
At an hourly equivalent of about $31 an hour, an electrician in Maine works roughly 41.4 hours a month to cover Waterville's median rent of $1,295.
Where is rent cheaper than Waterville for an electrician?
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 electrician salary.