Cost of Living in Machiasport, ME
Housing
The housing market plays a significant role in determining the cost of living in Machiasport, ME.
- Housing Index: 110.7 / 100
- Median Home Price is: $199,000
- Average Rent (2 BR Apartment): $1922 per month
- Average Rent (2 BR House): $2089 per month
When considering a move to Machiasport, ME, the current housing index is at 110.7, indicating a potentially volatile or inactive market. The median home price stands at 199000, which is relatively affordable in today’s market. However, vacant rental data shows that the average rent for a 2-bedroom apartment and house is currently unlisted, signaling potential issues in the rental market. It's essential to evaluate neighborhood amenities and job opportunities alongside these metrics to ascertain if this area aligns with your lifestyle needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Machiasport, 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 Machiasport, 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 Machiasport is a financially viable option for your relocation.