Cost of Living in Gardiner, ME
Housing
The housing market plays a significant role in determining the cost of living in Gardiner, ME.
- Housing Index: 110.7 / 100
- Median Home Price is: $267,500
- Average Rent (2 BR Apartment): $1922 per month
- Average Rent (2 BR House): $2089 per month
When considering a move to Gardiner, ME, it's essential to take a deeper look into the housing market. With a housing index of 110.7, this city reflects the national average housing sentiments. The median home price of 267500 paired with an average rent of 1922 for a 2-bedroom apartment indicates that homeownership may be a more attractive long-term financial option. Additionally, the average rent for a 2-bedroom house at 2089 suggests a balanced rental market. Be sure to assess personal budget and lifestyle needs when weighing these factors.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gardiner, ME.
- Electricity Price: $22.26 USD (median by state)
- Natural Gas Price: $21.63 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $242 per month
Living in Gardiner, ME could entail higher utility costs. Electricity costs sit at $22.26, while natural gas is priced at $21.63 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $242 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Gardiner is a financially viable option for your relocation.