Maine · Census, HUD and BEA figures · Updated

Cost of Living in Waldo County, ME

Prices around Waldo County, ME run 3% below the U.S. average (BEA, Maine). The typical household there earns $72,782 a year, and HUD puts a two-bedroom at $1,438 a month. Keeping that rent under 30% of income takes about $57,520 a year.

Waldo County, ME at a glance

Median household income

$72,782$6,065 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,438HUD FY2026 Fair Market Rent
Price level (U.S. = 100)97.0-3% · BEA, Maine
Electricity29.6¢per kWh · EIA Residential ME
Population40,192Census ACS 5-year estimate

How much rent can you afford in Waldo County, ME?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,438Monthly market rent
Share of gross income23.7%Recommended max: 30%
Annual income needed$57,520To meet the 30% standard
Max affordable rent$1,820At 30% of $72,782
0%30% (Affordability standard)100%
Compare against:

How much is rent in Waldo County, ME? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Waldo County, ME, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Waldo County, ME, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,156$13,872$46,24019.1%
1-Bedroom Apartment$1,163$13,956$46,52019.2%
2-Bedroom ApartmentBenchmark$1,438$17,256$57,52023.7%
3-Bedroom Home$1,865$22,380$74,60030.7%
4-Bedroom Home$2,025$24,300$81,00033.4%

Rent in Waldo County, ME, with the wage each unit needs →

What a typical income covers in Waldo County, ME

The 50/30/20 rule applied to the local median of $72,782 a year ($6,065 a month before tax).

Needs (50%)$3,033/moRent ($1,438 2-BR), utilities (~$266/mo), groceries, transit
Wants (30%)$1,820/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,213/moEmergency fund, retirement, paying down loans

What $72,782 leaves after Maine taxes

Federal income tax, Social Security, Medicare and Maine tax on the local median income. Change the salary to see yours.

$72,782
$25,000$150,000
Filing status:
Gross salary breakdown$72,782
Net 78%
Fed 10%
ME 4%
FICA 8%
Annual take-home$56,797After all taxes
Monthly deposit$4,733Estimated per month
Biweekly paycheck$2,185Every 2 weeks (26/yr)
Effective tax rate22%Total tax burden
Federal income tax$7,182 / yr
Maine state income tax$3,235 / yr
FICA (Social Security & Medicare)$5,568 / yr

Living in Waldo County, ME: common questions

What is the median household income in Waldo County, ME?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Waldo County, ME is $72,782 per year (approximately $6,065 per month).

What is the average rent in Waldo County, ME?

The closest official figure is HUD's Fair Market Rent for 2026: $1,156 for a studio, $1,163 for one bedroom, $1,438 for two, $1,865 for three and $2,025 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Waldo County, ME expensive to live in?

Prices there run 3% below the U.S. average. BEA's regional price parity for Maine is 97.0, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Waldo County, ME?

To keep a $1,438 two-bedroom under 30% of gross income, a household needs about $57,520 a year, or $4,793 a month. That is 79% of what the typical household in Waldo County, ME earns.

How much do you need to live comfortably in Waldo County, ME?

On the local median income of $72,782 ($6,065 a month before tax), the 50/30/20 rule leaves $3,033 a month for needs like rent, utilities and groceries, $1,820 for everything else and $1,213 for savings or debt. A two-bedroom at $1,438 takes 47% of the needs share.

How much is the electric bill in Waldo County, ME?

Homes in Maine paid 29.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $266. Your bill depends mostly on heating and cooling.