Cost of Living in Pownal, ME
Housing
The housing market plays a significant role in determining the cost of living in Pownal, ME.
- Housing Index: 110.7 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1922 per month
- Average Rent (2 BR House): $2089 per month
Considering a move to Pownal, ME? The median home price is set at 300000, which suggests a potentially affordable investment if you're looking to buy. However, with your indicators currently showing 110.7 for housing index and both average rent figures for 2-bedroom apartments and houses standing at zero, it implies an unusual market situation. This might be a good time to contemplate purchasing rather than renting. Please remember to research amenities, schools, and location benefits to make an informed decision tailored to your needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pownal, 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 Pownal, 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 Pownal is a financially viable option for your relocation.