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Home » United States » What is the cheapest town in Maine to live in?

What is the cheapest town in Maine to live in?

December 14, 2021 by Sadie Daniel

The Most Affordable Places To Live In Maine

Rank City Income/Rent Ratio
1 Caribou 71.4x
2 Presque Isle 66.5x
3 Gardiner 67.7x
4 Calais 56.0x

Contents

What is the least expensive town to live in Maine?

Here Are The 10 Cheapest Yet Great Places To Live In Maine

  • Gorham, Cumberland County. dougtone / Flickr.
  • Augusta, Kennebec County. kenlund / Flickr.
  • Topsham, Sagadahoc County.
  • Auburn, Androscoggin County.
  • Skowhegan, Somerset County.
  • Winslow, Kennebec County.
  • Brewer, Penobscot County.
  • Presque Isle, Aroostook County.

Where is the best and cheapest place to live in Maine?

For this reason, South Portland is the most affordable place to live in Maine.

Where is it affordable to live in Maine?

The 5 Most Affordable Places to Live In Maine

  1. Caribou. Caribou, Maine has a population of 7,827 according to Niche.
  2. Gardiner. Gardiner, Maine is home to 5,672 and the median home value in the area is $137,400.
  3. Brewer. About 9,167 people call Brewer, Maine home.
  4. Presque Isle.
  5. Auburn.

Does Maine have a low cost of living?

A new study found Maine is the 46th most affordable state in the U.S. with expenses taking up 91.3% of income. The national average is 81%.With incomes not keeping pace, Americans need to be more careful than ever choosing where they live.

How much money do you need to live comfortably in Maine?

How much money do you need to live comfortably in Maine? A single person in Maine needs a salary of at least $31,043 to afford basic necessities, while a family of four needs a household income of $67,416.

Can I afford to live in Maine?

According to GoBankingRates.com, in an article titled “The Salary You Need to Afford Rent in Every State,” a resident of Maine would need to make approximately $58,640 per year in order to afford a single-family residence without having your monthly rent consume more than 30 percent of total income.

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Which state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

What is the warmest town in Maine?

Portland, Maine
Warmest: Portland, Maine
The largest city in Maine is also the warmest on average at 56 degrees. The hottest temperature on record was registered not far from Portland, in North Bridgton, at 105 degrees.

Can you have a tiny house in Maine?

On Wednesday, Gov. Janet Mills signed a new law that gives tiny houses the same status as any other single-family dwelling in the state. This puts tiny homes on equal footing with traditional residences and subject to the same zoning and code requirements.

What are the best places to live in Maine?

These Are The 10 Best Places To Live In Maine

  • City of South Portland.
  • Town of Scarborough.
  • Town of Brunswick.
  • Town of Cumberland.
  • Town of Topsham.
  • Town of Freeport.
  • City of Portland.
  • Town of Hampden.

What are Maine’s 3 least populated counties?

Piscataquis County is a county located in the U.S. state of Maine. As of the 2010 census, its population was 17,535, making it Maine’s least-populous county. Its county seat is Dover-Foxcroft.
Piscataquis County, Maine.

Piscataquis County
Founded March 23, 1838
Named for Piscataquis River
Seat Dover-Foxcroft
Largest town Dover-Foxcroft

What is the least expensive New England state?

The 5 Most Affordable Places to Live In New England

  1. Montpelier, Vermont. Vermont’s capital, Montpelier is one of the tinier capital cities, with under 8,000 residents.
  2. Kennebunk, Maine. Another Maine town, Kennebunk exudes the classic New England character.
  3. Quincy, Massachusetts.
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Why are homes in Maine so cheap?

Rural land in Maine is quite inexpensive compared to more populated areas. Part of the reason is that there remains an abundance of undeveloped land in Maine. Maine is the most forested state in the country.

What are the dangers of living in Maine?

Here Are The 11 Biggest Risks Living In The State of Maine

  • Actually freezing. Corey Templeton / Flickr.
  • High tide-related boat loss.
  • Falling in love.
  • Missing dinner.
  • NOT missing dinner.
  • Being lost forever on a deserted island.
  • Forests making you sick.
  • Thinking the night sky anywhere else is boring.

Is it worth living in Maine?

Maine has affordable housing and a lower low cost of living than neighboring states. In addition, it has some of the lowest crime rates in the nation. United States News & World Report ranked Maine as the 1st overall safest state to live, (also 1st in the list of low violent crime and 4th in low property crime).

What is a good income in Maine?

While ZipRecruiter is seeing salaries as high as $124,905 and as low as $18,828, the majority of salaries within the Average jobs category currently range between $45,462 (25th percentile) to $67,963 (75th percentile) with top earners (90th percentile) making $82,658 annually in Maine.

What is a good hourly wage in Maine?

$4,783 is the 90th percentile. Salaries above this are outliers. $512 is the 25th percentile. Wages below this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Maine.

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City Lewiston
Annual Salary $44,015
Monthly Pay $3,668
Weekly Pay $846
Hourly Wage $21.16

How much does a house cost in Maine?

Housing Costs in Maine
Median home value prices in Maine can range quite a bit, but the statewide median is $199,477, according to NeighborhoodScout. In Portland, the median home value jumps to $346,523. On the contrary, homes in Lewiston are much less valuable with a median of $153,081.

What is Maine’s minimum wage?

$12.75 per hour
PRESQUE ISLE, Maine (WAGM) – Effective January 1, 2022, the state minimum wage will increase from $12.15 to $12.75 per hour. Maine law requires yearly adjustments to the minimum wage based on the cost of living in the Northeast.

Is Maine a good state to retire in?

Maine has consistently been ranked as the #1 safest state in the country! With the lowest property crime and violent crime rates, it’s one less thing you need to worry about – and an easy choice to consider where you want to enjoy your active, retirement years.

Filed Under: United States

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About Sadie Daniel

Sadie Daniel is an adventurer at heart. She loves to travel and explore new places. Her thirst for adventure has taken her all over the world, and she's always looking for her next big thrill. Sadie is also a lover of animals, and has been known to rescue stray cats and dogs in her neighborhood. She is a kind-hearted person who enjoys helping others, and she would do anything for her family and friends.

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