Moneytology

Cost of Living Maine: Best Cheapest Places | Ultimate Guide 2024

cost of living Maine

Welcome to my ultimate guide on the cost of living in Maine! If you’re considering a move to the beautiful state of Maine, you may be wondering about the cost of living and how it compares to other areas. Well, you’re in luck! In this article, I’ll provide you with valuable insights into the cost of living in Maine, including housing costs, expenses, and the most affordable places to live in the state.

Maine is known for its stunning natural scenery, outdoor activities, and charming communities. But what sets it apart is its affordability compared to the rest of New England. With a lower cost of living and a range of options from small cities to coastal towns and rural areas, Maine offers tremendous value for those looking to make a home here.

Whether you’re a young professional starting your career, a family looking for a safe and affordable place to raise your children, or a retiree seeking a peaceful and affordable retirement destination, Maine has something for everyone.

In the following sections, we’ll explore some of the best and most affordable places to live in Maine, along with key factors such as median household income, housing affordability, and cost of living indexes. So, let’s dive in and discover the fantastic opportunities that await you in the great state of Maine!

Key Takeaways:

  • Maine offers a lower cost of living compared to the rest of New England.
  • There are a variety of affordable places to live in Maine, including small cities, coastal towns, and rural areas.
  • Factors such as housing affordability, median household income, and cost of living indexes play a crucial role in determining the affordability of a location.
  • Caribou, Presque Isle, Gardiner, Waterville, Auburn, Falmouth, Windham, Gorham, Orono, and Portland are some of the most affordable places to live in Maine.
  • Consider your personal preferences and priorities when choosing the best place to live in Maine, whether it’s for work, family, outdoor activities, or cultural amenities.

The Best Affordable Places to Live in Maine

Looking for affordable cities and towns in Maine with a low cost of living? You’re in luck! Maine offers a variety of options for those seeking affordable places to live. These areas not only provide a lower cost of living but also offer a range of amenities and opportunities for residents. Whether you’re looking for a charming small city, a family-friendly suburb, or a college town with vibrant energy, Maine has something for everyone.

Below, I’ve highlighted some of the best affordable places to live in Maine, taking into consideration factors such as cost of living, housing affordability, median household income, and more. Let’s explore these fantastic options:

Caribou: A Charming and Affordable City in Maine

Caribou is a city located near the Canadian border, known for its outdoor recreation opportunities and agriculture. With a population of around 7,441, Caribou offers a close-knit community feel. The median household income is $43,967, and the median rent price is $700. Housing in Caribou is highly affordable, with a home price-to-income ratio of 0.82. The average property tax rate is 1.56%. In Caribou, you can enjoy a low cost of living without compromising on quality of life.

Presque Isle: Affordable Living in the Heart of Maine

Located east of the North Maine Woods, Presque Isle is another affordable city in Maine. With a population of 8,678, this city offers year-round outdoor recreation opportunities. The median household income in Presque Isle is $47,853, and the median rent price is $2,250. The home price-to-income ratio is 2.5, making it an affordable place to buy a home. The average property tax rate is 1.56%. If you’re looking for affordable living in the heart of Maine, Presque Isle is an excellent option.

Gardiner: Affordable Living Near Maine’s Capital

Gardiner is a historic community situated on the west bank of the Kennebec River, within commuting distance of Augusta, Maine’s capital. With a population of 6,106, this charming city offers a mix of small-town charm and convenient access to amenities. The median household income in Gardiner is $57,458, and the median rent price is $1,190. The home price-to-income ratio is 2.7, indicating affordability. The average property tax rate is 1.4%. Gardiner provides an affordable living option near Maine’s capital.

Waterville: A College Town with a Lower Cost of Living

Waterville is a college town located on the banks of the Kennebec River, home to both Colby and Thomas Colleges. With a population of 15,828, Waterville offers a vibrant community and cultural amenities. The median household income is $41,245, and the median rent price is $1,500. The home price-to-income ratio is 3.3, making it an affordable place to live. The average property tax rate is 1.4%. If you’re looking for a college town with a lower cost of living, consider Waterville.

Auburn: Affordable Living with Job Opportunities

Auburn, located north of Portland, offers a lower cost of living combined with job opportunities. As the fifth most populous city in Maine, Auburn has a population of 24,193. The median household income is $55,402, and the median rent price is $1,400. The home price-to-income ratio is 3.4, indicating affordable housing options. The average property tax rate is 1.65%. Auburn is an ideal choice for affordable living and access to employment opportunities.

Falmouth: A Family-friendly and Affordable Suburb

Falmouth is a suburb of Portland that provides a family-friendly and affordable living environment. With a population of 12,857, Falmouth is known for its top-ranking school system and recreational opportunities. The median household income is $132,817, and the median rent price is $3,000. The home price-to-income ratio is 3.8, indicating a moderate affordability level. The average property tax rate is 1.46%. Falmouth offers a safe and affordable suburb for families in Maine.

City Population Median Household Income Median Rent Price Home Price-to-Income Ratio Average Property Tax Rate
Caribou 7,441 $43,967 $700 0.82 1.56%
Presque Isle 8,678 $47,853 $2,250 2.5 1.56%
Gardiner 6,106 $57,458 $1,190 2.7 1.4%
Waterville 15,828 $41,245 $1,500 3.3 1.4%
Auburn 24,193 $55,402 $1,400 3.4 1.65%
Falmouth 12,857 $132,817 $3,000 3.8 1.46%

These are just a few of the affordable places to live in Maine. Be sure to explore other options such as Windham, Gorham, Orono, and Portland, which offer their unique advantages. Whether you’re starting a career, raising a family, or enjoying retirement, Maine has affordable housing options and a low cost of living to suit your needs.

Caribou: A Charming and Affordable City in Maine

Welcome to Caribou, a charming city located near the Canadian border in the state of Maine. Known for its picturesque landscapes, outdoor recreation, and thriving agriculture, Caribou offers a unique blend of natural beauty and affordable living. With a population of 7,441, this close-knit community provides a welcoming atmosphere for residents seeking a peaceful and affordable lifestyle.

One of the key factors that make Caribou an attractive choice is its affordable housing options. The median household income in Caribou is $43,967, and the median rent price is a budget-friendly $700. This affordability extends to home ownership as well, with a home price-to-income ratio of just 0.82, indicating highly affordable housing opportunities. Additionally, the average property tax rate is 1.56%, making it easier for residents to manage their expenses and enjoy a low cost of living.

In Caribou, you’ll have the opportunity to explore the great outdoors right at your doorstep. From hiking and fishing in the nearby Aroostook State Park to skiing and snowmobiling in the winter months, outdoor enthusiasts will find plenty of recreational activities to keep them engaged. Caribou is also renowned for its agricultural heritage, with local farmers’ markets and festivals showcasing the region’s rich produce.

If you’re looking for a friendly community that offers affordable living, Caribou is a great option. Experience the charm of rural Maine while enjoying the benefits of a low cost of living. Whether you’re starting a family, planning for retirement, or simply seeking a change of pace, Caribou offers a quality of life that is second to none.

What Residents Say:

“Caribou is a hidden gem in Maine. It has a friendly community, beautiful landscapes, and affordable living. I feel lucky to call it home.” – Amanda, Caribou resident

Key Stats for Caribou:

Population 7,441
Median Household Income $43,967
Median Rent Price $700
Home Price-to-Income Ratio 0.82
Average Property Tax Rate 1.56%

Caribou is a hidden gem in Maine, offering affordable living in a picturesque setting. With its welcoming community, outdoor recreation opportunities, and affordable housing options, Caribou is a top choice for those seeking a low cost of living in Maine.

Presque Isle: Affordable Living in the Heart of Maine

Presque Isle, located east of the North Maine Woods, is another affordable city in Maine that offers a high quality of life. This charming city provides residents with year-round outdoor recreation opportunities and a friendly community atmosphere. With a population of 8,678, Presque Isle offers a small-town feel while still providing access to essential amenities.

Presque Isle boasts a low cost of living, making it an attractive choice for those seeking affordable housing options in Maine. The median household income in Presque Isle is $47,853, and the median rent price is $2,250. With a home price-to-income ratio of 2.5, buying a home in Presque Isle is relatively affordable. The city also has an average property tax rate of 1.56%, further contributing to its affordability.

In Presque Isle, residents can enjoy the beauty of nature without sacrificing convenience. The city offers a variety of outdoor activities, including hiking, fishing, and skiing. Residents can explore the nearby Aroostook State Park, which features scenic trails and opportunities for camping and picnicking.

If you’re looking for a place to call home in Maine where the cost of living remains low while still enjoying a range of amenities and natural beauty, Presque Isle is an excellent option. Its affordable housing options, low cost of living, and welcoming community make it an attractive destination for individuals and families alike.

Gardiner: Affordable Living Near Maine’s Capital

Gardiner is a historic community located on the west bank of the Kennebec River. With a population of 6,106, it offers a small-town charm with convenient access to Augusta, the capital of Maine.

One of the key advantages of living in Gardiner is its affordability. The median household income in Gardiner is $57,458, and the median rent price is $1,190. These figures indicate that Gardiner provides affordable housing options for its residents. Additionally, the home price-to-income ratio in Gardiner is 2.7, further highlighting the affordability of housing in the area. The average property tax rate in Gardiner is 1.4%, adding to the low cost of living.

Gardiner’s proximity to Augusta makes it an ideal choice for those who want to live near the capital city. Residents can easily commute to Augusta for work or leisure activities while enjoying the peacefulness and affordability of Gardiner.

Affordable Living in Gardiner

Gardiner offers a range of housing options to suit different preferences and budgets. Whether you’re looking for a cozy apartment, a charming historic home, or new construction, you can find affordable options in Gardiner.

Gardiner’s affordability allows residents to enjoy a high quality of life without breaking the bank. From affordable housing to a lower cost of living, Gardiner provides an attractive option for individuals and families looking to make their home in Maine.

Below is a comparison of the average rent prices in Gardiner, Maine, and the state’s capital, Augusta:

Gardiner Augusta
Average Rent Price $1,190 $1,300

As you can see, the average rent price in Gardiner is lower than in Augusta, making it a more affordable option for those looking for housing.

In addition to affordable housing, Gardiner offers a variety of amenities and recreational activities. The city has a charming downtown area with local shops, restaurants, and cultural attractions. Outdoor enthusiasts can enjoy activities such as hiking, fishing, and boating in the nearby Kennebec River and surrounding natural areas.

Overall, Gardiner provides affordable living near Maine’s capital, allowing residents to enjoy the best of both worlds – a peaceful community and easy access to the amenities of a larger city.

Waterville: A College Town with a Lower Cost of Living

Located on the banks of the scenic Kennebec River, Waterville is a charming college town that offers a lower cost of living compared to other cities in Maine. Home to prestigious institutions like Colby and Thomas Colleges, Waterville boasts a vibrant community with a range of cultural amenities.

With a population of 15,828, Waterville provides a small-town feel with big-city opportunities. Residents enjoy a slower pace of life while still having access to essential services and conveniences.

One of the main advantages of living in Waterville is its affordability. The median household income in the city is $41,245, providing a solid financial foundation for residents. The median rent price in Waterville is $1,500, making it an attractive option for those seeking affordable housing options.

The home price-to-income ratio in Waterville is 3.3, indicating that buying a home in the area is within reach for many residents. Additionally, the average property tax rate is 1.4%, adding to the cost-effectiveness of living in this college town.

In Waterville, you’ll find a close-knit community that embraces its college-town identity. The presence of Colby and Thomas Colleges brings a lively atmosphere to the city, with cultural events, art galleries, and performances adding to the vibrant fabric of everyday life.

Whether you’re a student, a young professional, or someone looking to enjoy the benefits of a lower cost of living, Waterville offers a compelling combination of affordability, cultural richness, and natural beauty.

Auburn: Affordable Living with Job Opportunities

Auburn, located north of Portland in Maine, offers affordable living with ample job opportunities. As the fifth most populous city in Maine, Auburn provides a vibrant community and a range of amenities for its residents. With a population of 24,193, it strikes the perfect balance between small-town charm and urban conveniences.

Auburn Maine

Auburn boasts a walkable downtown area, allowing residents to easily explore local shops, restaurants, and entertainment venues. Situated on the scenic Androscoggin River, it offers picturesque views and recreational activities for outdoor enthusiasts.

When it comes to the cost of living, Auburn provides an affordable option compared to other cities in Maine. The median household income in Auburn is $55,402, and the median rent price is $1,400. With a home price-to-income ratio of 3.4, housing options in Auburn are within reach for many residents. The average property tax rate is 1.65%, ensuring manageable property expenses.

Job opportunities play a significant role in Auburn’s appeal. The city’s proximity to larger business centers provides residents with easy access to employment opportunities. Auburn’s diversified economy includes industries such as healthcare, education, manufacturing, and retail, providing a wide range of career options.

“Auburn offers a great balance between affordability, community amenities, and job opportunities. Its charming downtown, natural beauty, and diverse economy make it an attractive place to call home.”

Auburn at a Glance:

Population Median Household Income Median Rent Price Home Price-to-Income Ratio Average Property Tax Rate
24,193 $55,402 $1,400 3.4 1.65%

Auburn, with its affordable living options and job opportunities, is an excellent choice for individuals and families seeking a high quality of life without breaking the bank. Whether you’re exploring the charming downtown area or taking advantage of the diverse career prospects, Auburn offers a desirable living experience in the heart of Maine.

Falmouth: A Family-friendly and Affordable Suburb

In the charming suburb of Falmouth, families can find an ideal blend of affordability and a family-friendly environment. With a population of 12,857, this close-knit community in Maine offers a range of amenities and a high-ranking school system. Falmouth is a perfect choice for families looking to settle down in a safe and welcoming neighborhood while enjoying the benefits of proximity to the vibrant city of Portland.

One of the key advantages of Falmouth is its affordable cost of living. With a median household income of $132,817, families can maintain a comfortable lifestyle without breaking the bank. The moderate home price-to-income ratio of 3.8 indicates that Falmouth provides affordable housing options for families looking to buy a home. The community values education, as evidenced by the top-ranking school system, making Falmouth an ideal place to raise children.

The median rent price in Falmouth is $3,000, providing families with various housing choices that suit their needs. Whether it’s a spacious house or a cozy apartment, Falmouth has options for all budgets. The average property tax rate of 1.46% ensures that families can make the most out of their hard-earned money while benefiting from living in this desirable suburb.

Recreational opportunities abound in Falmouth, making it even more appealing for families. From exploring the beautiful nature trails and parks to enjoying water activities on the nearby coast, there’s always something to do for everyone. The community also hosts family-friendly events and activities throughout the year, fostering a sense of belonging and creating lasting memories.

Living in Falmouth provides families with the perfect balance of affordability and a family-friendly environment. From the top-ranking school system to the abundance of recreational opportunities, Falmouth offers a high quality of life at an affordable cost. It’s a welcoming community where families can create lasting memories and plant their roots in a beautiful and thriving suburb.

Consider Falmouth when looking for an affordable place to live in Maine. With its family-friendly atmosphere, affordable housing options, and an array of amenities, Falmouth is a standout choice for families seeking a suburban haven.

Windham: Affordable Country Living with Proximity to Amenities

When it comes to finding an affordable place for families in Maine, Windham is a hidden gem. Situated between Portland and the Lakes Region, Windham offers the perfect balance of country living and convenient access to amenities. With a population of 19,128, it maintains a peaceful and close-knit community atmosphere.

In terms of affordability, Windham stands out with its above-average median household income of $86,794. This means that families can enjoy a comfortable lifestyle without breaking the bank. Additionally, the median rent price in Windham is $2,200, providing affordable housing options for both renters and homebuyers.

The home price-to-income ratio in Windham is 3.1, indicating that housing is reasonably priced relative to residents’ incomes. This makes it an attractive destination for families looking to settle down and enjoy a low cost of living in Maine.

Furthermore, Windham features an average property tax rate of 1.46%. This relatively low tax rate contributes to the affordability of living in the area and allows families to allocate their resources towards other priorities such as education or savings.

Windham offers a range of amenities that provide convenience and recreational opportunities for families. Whether it’s shopping centers, parks, or schools, residents can access all their necessities close to home. The town’s proximity to Portland ensures easy access to cultural attractions, dining options, and job opportunities, while also providing a serene retreat from the urban hustle and bustle.

If you’re seeking affordable country living with access to amenities, Windham is the place to be. Its peaceful environment, affordable housing options, and proximity to essential services make it an ideal choice for families looking to establish roots in Maine.

Key Highlights:

  • Affordable country living with proximity to amenities
  • Above-average median household income of $86,794
  • Median rent price of $2,200
  • Home price-to-income ratio of 3.1
  • Average property tax rate of 1.46%

Gorham: A College Town with Family-Friendly Amenities

Gorham Maine

Gorham, located west of Portland, is a charming college town that offers a variety of family-friendly amenities. Home to the University of Southern Maine, Gorham boasts a vibrant and inclusive community. The town center is easily walkable, with a range of restaurants and shops to explore.

Gorham has a population of 17,785, providing a close-knit and welcoming environment for families. Its affordability makes it an attractive option for those looking for an affordable place to live in Maine. The median household income in Gorham is $90,446, and the median rent price is $3,150. With a home price-to-income ratio of 3.5, Gorham offers affordable housing options for families on a budget. Additionally, the average property tax rate is 1.46%, further contributing to the low cost of living in the area.

Gorham offers numerous activities and amenities suitable for families. From parks and recreational areas to community events and sports programs, there’s no shortage of opportunities for both children and adults to engage in a variety of activities. The town’s strong sense of community fosters a supportive and family-oriented atmosphere, creating a nurturing environment for all.

Gorham’s convenient location near Portland provides easy access to the city’s cultural offerings and job opportunities. Residents can enjoy a peaceful suburban lifestyle while still being within reach of urban amenities and entertainment. Whether you’re a young professional, a growing family, or empty nesters, Gorham offers a perfect blend of affordability, community, and convenience.

Orono: A Vibrant City for Young Adults

Located in the scenic state of Maine, Orono is a vibrant city that offers a perfect blend of natural beauty and a lively atmosphere. Home to the prestigious University of Maine, Orono attracts young adults from all over the country who are seeking an affordable and engaging place to live.

With a population of 10,185, Orono is a close-knit community that provides a sense of belonging and a supportive environment. Whether you’re a student pursuing higher education or a young professional starting your career, Orono offers a range of activities and entertainment options to suit every interest and lifestyle.

One of the key advantages of living in Orono is its low cost of living. The median household income in Orono is $47,412, making it an affordable place for young adults to establish themselves. The median rent price is $1,435, and the home price-to-income ratio is 3.9, indicating that housing options are within reach for those looking to settle down in this vibrant city. Additionally, the average property tax rate is 1.53%, providing further economic stability for residents.

Young adults in Orono can take advantage of the city’s vibrant social scene, which offers a wide range of activities and entertainment options. From live music performances to art exhibits and cultural festivals, Orono has something for everyone. The city also boasts numerous outdoor recreational opportunities, allowing residents to explore the surrounding natural beauty of Maine and enjoy activities such as hiking, skiing, and kayaking.

Key Highlights:

  • Population: 10,185
  • Affordable housing options with a median rent price of $1,435
  • Median household income: $47,412
  • Home price-to-income ratio: 3.9
  • Average property tax rate: 1.53%

Overall, Orono offers young adults an affordable and lively place to live in Maine. With its vibrant social scene, access to outdoor activities, and affordable cost of living, Orono is an attractive location for young adults who want to pursue their goals while enjoying all that this charming city has to offer.

Affordable Factors Orono Maine Average
Median Household Income $47,412 $56,277
Median Rent Price $1,435 $1,226
Home Price-to-Income Ratio 3.9 3.2
Average Property Tax Rate 1.53% 1.38%

“Orono offers young adults an affordable and lively place to live in Maine, where they can pursue their goals while enjoying its vibrant social scene and access to outdoor activities.”

Portland: Maine’s Largest City with Vibrant Nightlife

In the heart of Maine lies Portland, the state’s largest city. With a population of 66,715, Portland offers a diverse and lively urban environment that caters to singles looking for an exciting place to live.

One of the highlights of Portland is its vibrant nightlife. The city is known for its thriving restaurant scene, offering a wide variety of culinary options to suit any taste. From farm-to-table eateries to international cuisine, food enthusiasts will find an array of choices to satisfy their cravings.

Furthermore, Portland’s arts community adds to the city’s lively atmosphere. The area is home to numerous art galleries, theaters, and music venues, providing ample opportunities for entertainment and cultural experiences.

“Portland has a contagious energy that captivates visitors and residents alike. The city’s thriving arts scene and diverse culinary offerings make it an exciting place to explore and socialize.” – John Johnson, Portland resident

Despite being a larger city, Portland still maintains a relatively affordable cost of living compared to other metropolitan areas. The median household income in Portland is $55,589, providing singles with a decent economic foundation.

Housing in Portland offers a range of options, from apartments in the downtown area to charming single-family homes in the surrounding neighborhoods. The median rent price in Portland is $1,400, making it an attractive choice for those seeking affordable housing in an urban setting.

In terms of affordability, Portland has a home price-to-income ratio of 4.3, indicating that housing costs are relatively manageable compared to income levels. Additionally, the average property tax rate in the city is 1.42%, providing some relief for homeowners.

With its lively atmosphere, diverse amenities, and relatively affordable cost of living, Portland stands out as one of the most popular destinations for singles in Maine.

Key Highlights of Portland:

  • Vibrant nightlife with an array of restaurants and bars
  • Diverse arts community with galleries, theaters, and music venues
  • Relatively affordable cost of living compared to other metropolitan areas
  • Wide range of housing options, from apartments to single-family homes
  • Median household income of $55,589
  • Median rent price of $1,400
  • Home price-to-income ratio of 4.3
  • Average property tax rate of 1.42%

Conclusion

Maine is a great state to consider when looking for affordable places to live. Whether you prefer the charm of small towns like Caribou, Presque Isle, or Gardiner, or the convenience of cities like Auburn, Falmouth, or Portland, Maine has something to offer for everyone.

These locations provide not only affordable housing options but also a lower cost of living compared to other areas in New England. With a range of amenities, from outdoor recreation opportunities to cultural attractions, there are plenty of reasons to make Maine your home.

Whether you’re starting your career, raising a family, or seeking a place to retire, Maine’s affordable cost of living makes it an attractive choice. Consider these affordable places when deciding where to settle down in Maine and enjoy a high quality of life without breaking the bank.

FAQ

What is the cost of living in Maine compared to the rest of New England?

The cost of living in Maine is generally lower than the rest of New England, making it a more affordable option for residents.

Are there affordable places to live in Maine?

Yes, Maine offers many affordable places to live, including cities and towns with a low cost of living.

Which cities in Maine have the lowest cost of living?

Some of the cities in Maine with a low cost of living include Caribou, Presque Isle, Gardiner, Waterville, Auburn, Falmouth, Windham, Gorham, Orono, and Portland.

What is the median household income in Caribou, Maine?

The median household income in Caribou, Maine is ,967.

How affordable is housing in Gardiner, Maine?

Housing in Gardiner, Maine is relatively affordable, with a home price-to-income ratio of 2.7.

What is the median rent price in Portland, Maine?

The median rent price in Portland, Maine is What is the cost of living in Maine compared to the rest of New England?The cost of living in Maine is generally lower than the rest of New England, making it a more affordable option for residents.Are there affordable places to live in Maine?Yes, Maine offers many affordable places to live, including cities and towns with a low cost of living.Which cities in Maine have the lowest cost of living?Some of the cities in Maine with a low cost of living include Caribou, Presque Isle, Gardiner, Waterville, Auburn, Falmouth, Windham, Gorham, Orono, and Portland.What is the median household income in Caribou, Maine?The median household income in Caribou, Maine is ,967.How affordable is housing in Gardiner, Maine?Housing in Gardiner, Maine is relatively affordable, with a home price-to-income ratio of 2.7.What is the median rent price in Portland, Maine?The median rent price in Portland, Maine is

FAQ

What is the cost of living in Maine compared to the rest of New England?

The cost of living in Maine is generally lower than the rest of New England, making it a more affordable option for residents.

Are there affordable places to live in Maine?

Yes, Maine offers many affordable places to live, including cities and towns with a low cost of living.

Which cities in Maine have the lowest cost of living?

Some of the cities in Maine with a low cost of living include Caribou, Presque Isle, Gardiner, Waterville, Auburn, Falmouth, Windham, Gorham, Orono, and Portland.

What is the median household income in Caribou, Maine?

The median household income in Caribou, Maine is ,967.

How affordable is housing in Gardiner, Maine?

Housing in Gardiner, Maine is relatively affordable, with a home price-to-income ratio of 2.7.

What is the median rent price in Portland, Maine?

The median rent price in Portland, Maine is

FAQ

What is the cost of living in Maine compared to the rest of New England?

The cost of living in Maine is generally lower than the rest of New England, making it a more affordable option for residents.

Are there affordable places to live in Maine?

Yes, Maine offers many affordable places to live, including cities and towns with a low cost of living.

Which cities in Maine have the lowest cost of living?

Some of the cities in Maine with a low cost of living include Caribou, Presque Isle, Gardiner, Waterville, Auburn, Falmouth, Windham, Gorham, Orono, and Portland.

What is the median household income in Caribou, Maine?

The median household income in Caribou, Maine is $43,967.

How affordable is housing in Gardiner, Maine?

Housing in Gardiner, Maine is relatively affordable, with a home price-to-income ratio of 2.7.

What is the median rent price in Portland, Maine?

The median rent price in Portland, Maine is $1,400.

Is Windham, Maine a good place for families?

Yes, Windham, Maine offers affordable country living with close proximity to amenities and is a great place for families.

What is the median household income in Gorham, Maine?

The median household income in Gorham, Maine is $90,446.

Are there affordable housing options in Orono, Maine?

Yes, Orono, Maine offers affordable housing options with a home price-to-income ratio of 3.9.

What is the average property tax rate in Maine?

The average property tax rate in Maine is around 1.4% to 1.65%.

,400.

Is Windham, Maine a good place for families?

Yes, Windham, Maine offers affordable country living with close proximity to amenities and is a great place for families.

What is the median household income in Gorham, Maine?

The median household income in Gorham, Maine is ,446.

Are there affordable housing options in Orono, Maine?

Yes, Orono, Maine offers affordable housing options with a home price-to-income ratio of 3.9.

What is the average property tax rate in Maine?

The average property tax rate in Maine is around 1.4% to 1.65%.

,400.Is Windham, Maine a good place for families?Yes, Windham, Maine offers affordable country living with close proximity to amenities and is a great place for families.What is the median household income in Gorham, Maine?The median household income in Gorham, Maine is ,446.Are there affordable housing options in Orono, Maine?Yes, Orono, Maine offers affordable housing options with a home price-to-income ratio of 3.9.What is the average property tax rate in Maine?The average property tax rate in Maine is around 1.4% to 1.65%.,400.

Is Windham, Maine a good place for families?

Yes, Windham, Maine offers affordable country living with close proximity to amenities and is a great place for families.

What is the median household income in Gorham, Maine?

The median household income in Gorham, Maine is ,446.

Are there affordable housing options in Orono, Maine?

Yes, Orono, Maine offers affordable housing options with a home price-to-income ratio of 3.9.

What is the average property tax rate in Maine?

The average property tax rate in Maine is around 1.4% to 1.65%.

Source Links

Picture of Kostadin

Kostadin

Financial expert with Wall Street and real world experience covering personal finance, investments, financial independence, entrepreneurship.

LinkedIn

Share:

More Posts

Table of Contents