Cost of Living in Wiscasset, ME
Housing
The housing market plays a significant role in determining the cost of living in Wiscasset, ME.
- Housing Index: 110.7 / 100
- Median Home Price is: $360,000
- Average Rent (2 BR Apartment): $1922 per month
- Average Rent (2 BR House): $2089 per month
When considering a move to Wiscasset, ME, the housing index stands at 110.7, indicating that housing costs are above the national average. The median home price is relatively accessible at 360000, but the average rent for a 2-bedroom apartment is steep at 1922 and slightly higher for a 2-bedroom house at 2089. It's essential to weigh these financial factors against potential salary opportunities and local amenities. Researching job markets and lifestyle in Wiscasset can provide further insight, helping you make a more informed decision about your relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wiscasset, 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 Wiscasset, 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 Wiscasset is a financially viable option for your relocation.