Living Wage Calculator - Living Wage Calculation for Maine (2024)

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children
Living Wage $22.04 $39.21 $49.94 $63.14 $30.31 $37.14 $42.17 $44.67 $15.16 $21.94 $27.59 $31.01
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $14.15 $14.15 $14.15 $14.15 $14.15 $14.15 $14.15 $14.15 $14.15 $14.15 $14.15 $14.15

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children
Food $4,642 $6,843 $10,264 $13,643 $8,511 $10,594 $13,644 $16,636 $8,511 $10,594 $13,644 $16,636
Child Care $0 $11,762 $22,624 $29,357 $0 $0 $0 $0 $0 $11,762 $22,624 $29,357
Medical $3,352 $9,190 $9,041 $9,655 $6,440 $9,041 $9,655 $9,118 $6,440 $9,041 $9,655 $9,118
Housing $11,594 $16,249 $16,249 $20,751 $12,769 $16,249 $16,249 $20,751 $12,769 $16,249 $16,249 $20,751
Transportation $10,378 $12,011 $15,129 $17,408 $12,011 $15,129 $17,408 $17,388 $12,011 $15,129 $17,408 $17,388
Civic $3,013 $5,303 $6,675 $7,730 $5,303 $6,675 $7,730 $7,226 $5,303 $6,675 $7,730 $7,226
Internet & Mobile $1,495 $1,495 $1,495 $1,495 $2,060 $2,060 $2,060 $2,060 $2,060 $2,060 $2,060 $2,060
Other $4,417 $7,884 $8,383 $11,588 $7,884 $8,383 $11,588 $11,139 $7,884 $8,383 $11,588 $11,139
Required annual income after taxes $38,892 $70,738 $89,861 $111,626 $54,978 $68,132 $78,334 $84,318 $54,978 $79,895 $100,957 $113,675
Annual taxes $6,952 $10,811 $14,010 $19,714 $8,076 $9,116 $9,381 $8,587 $8,076 $11,366 $13,826 $15,331
Required annual income before taxes $45,844 $81,548 $103,871 $131,340 $63,054 $77,248 $87,715 $92,904 $63,054 $91,261 $114,784 $129,006

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $107,650
Business & Financial Operations $78,360
Computer & Mathematical $82,620
Architecture & Engineering $86,350
Life, Physical, & Social Science $73,260
Community & Social Service $53,930
Legal $86,040
Education, Training, & Library $55,190
Arts, Design, Entertainment, Sports, & Media $56,010
Healthcare Practitioners & Technical $94,130
Healthcare Support $37,360
Protective Service $47,910
Food Preparation & Serving Related $36,590
Building & Grounds Cleaning & Maintenance $37,320
Personal Care & Service $36,420
Sales & Related $46,210
Office & Administrative Support $43,770
Farming, Fishing, & Forestry $43,110
Construction & Extraction $52,350
Installation, Maintenance, & Repair $53,960
Production $46,060
Transportation & Material Moving $41,790
Living Wage Calculator
       - Living Wage Calculation for Maine (2024)

FAQs

What is a livable wage in the state of Maine? ›

What is the living wage in Maine? The living wage in Maine is 22.10 per hour.

What is a decent salary in Maine? ›

$43,215 is the 25th percentile. Salaries below this are outliers. $73,327 is the 75th percentile.

What is the minimum wage in Maine in 2024? ›

Under Maine labor laws, any business operating in the state with one employee is automatically covered by state law. This includes all public and private employers regardless of profit or size. Effective January 1, 2024, the minimum wage in Maine is $14.15 per hour.

Is $25 an hour a livable wage? ›

An analysis of the living wage (as calculated in December 2022 and reflecting a compensation being offered to an individual in 2023), compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other necessities, finds that: The living wage in the United States is ...

What is middle class income in Maine? ›

StateHousehold Income Range for Middle ClassMedian Family Income
Maine$25,701 - $111,898$76,316
Maryland$39,143 - $177,970$105,679
Massachusetts$32,233 - $188,259$108,348
Michigan$23,816 - $107,001$75,703
46 more rows
Dec 23, 2020

How much do you need to make a year to live in Maine? ›

Typical Expenses
1 ADULT2 ADULTS (BOTH WORKING)
0 Children1 Child
Internet & Mobile$1,495$2,060
Other$4,417$8,383
Required annual income after taxes$38,892$79,895
8 more rows

How much does it cost to live comfortably in Maine? ›

The average cost of living in Maine

As well as being a popular tourism destination, Maine is home to around 1.4 million people. According to Bureau of Economic Analysis data for 2021, the average annual cost of living in Maine is $50,559.

What is a good wage to live comfortably? ›

Key Findings. On average, an individual needs $96,500 for sustainable comfort in a major U.S. city. This includes being able to pay off debt and invest for the future.

What is the cost of living increase in Maine 2024? ›

The COLA will be effective July 1, 2024, and is equal to an increase of 2.54% above the currently established rate(s). This COLA increase is proportional to the percentage increase in the Maine minimum wage as determined by the Maine Department of Labor.

What is the hourly wage in Maine? ›

AUGUSTA - Pursuant to Maine law (Maine statute Title 26, chapter 7, section 664), effective January 1, 2024, the state minimum wage will increase from $13.80 to $14.15 per hour, based on data recently made available by the U.S. Department of Labor's Bureau of Labor Statistics.

What is the salary threshold in Maine? ›

Maine law also prescribes minimum salary thresholds for exempt employees, which as of January 1, 2024, stand at $816.35 per week ($42,450.20 annually).

At what wage can you live comfortably? ›

But just how much does a single person in California need to make to live comfortably? A new study from Smart Asset determined that a person must make at least $ 89,190 to get by comfortably.

How much does it cost to live in Maine for a single person? ›

According to Go Banking Rates, a single person in Maine needs to make about $60,100 in order to live comfortably. That means that your rent (or mortgage) is covered, you have electricity/water, you have a phone and the internet, are eating good food, and you have a reliable vehicle.

What is the average household income in the state of Maine? ›

The following data are the most current income statistics for Maine from the US Census Bureau, are in 2022 inflation adjusted dollars and are from the American Community Survey 2022 5-year estimates. Median Household Income: $68,251. Average Household Income: $91,599. Per Capita Income: $39,718.

What is the state average weekly wage in Maine? ›

The Department of Labor's new State Average Weekly Wage (SAWW) as of July 1, 2024, is $1,144.67. The SAWW is the basis for calculating maximum benefits, annual adjustments, and impairment awards.

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