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College Costs in Portland, ME 2026

Compare tuition, housing, and financial aid across 7 colleges in Portland, Maine. Use our free calculator to estimate your total cost.

Avg Public Tuition

$10,016

per year

Avg Private Tuition

$38,200

per year

Avg Rent Near Campus

$1,110

per month

Colleges & Universities

7

institutions

Portland Overview

Population

68,408

Student Population

2,509 (3.7%)

Cost of Living Index

111 (avg: 100)

Walk Score

34/100

Transit Score

26/100

Unemployment Rate

6%

College Cost Calculator for Portland

Cost Inputs

Total Cost (4 Years, Public In-State)

$121,224

Total After Financial Aid

$121,224

Annual Cost

$30,306

Annual After Aid

$30,306

Cost Breakdown (4 Years)

Tuition$40,064
Room & Board$81,160

If Financed (10-Year Loan at 6.5%)

Loan Amount$121,224
Monthly Payment$1,376
Total Interest$43,953
Total Loan Cost$165,177

Universities in Portland

UniversityTypeAnnual Tuition
University of Southern MainePublic$10,016
Maine College of ArtPrivate$38,200
Southern Maine Community CollegeCommunity$4,470

Portland has 7 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Portland vs. National Average

CategoryPortlandNational AvgDifference
Public Tuition (In-State)$10,016$10,940-$924
Monthly Rent Near Campus$1,110$1,050+$60
Cost of Living Index111100+11

Portland's cost of living is above the national average. Students should budget accordingly and consider off-campus housing options to reduce expenses.

Student Life in Portland

34

Walk Score

Car-Dependent

26

Transit Score

Minimal Transit

3.7%

Student Population

2,509 students

Portland has a total population of 68,408, with approximately 2,509 college students (3.7% of the population). While not primarily a college town, Portland offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Portland

$70,539

Starting Salary

6%

Unemployment Rate

46%

Graduation Rate

~3 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Portland earn a median starting salary of $70,539, which is $35,539 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $121,224 (including room and board), it would take approximately 3 years of the salary premium to recoup the investment. With average financial aid of $7,657 per student per year, the net cost and payback period can be significantly reduced.

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