Cost of Living in Cushing, ME
Housing
The housing market plays a significant role in determining the cost of living in Cushing, ME.
- Housing Index: 115.0 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
When considering moving to Cushing, ME, it's important to note that the housing index of 115.0 indicates that the cost of living is above the national average. The median home price of 300000 suggests a reasonable entry point for homeownership, while the average rents for a 2-bedroom apartment and house at 1500 and 1600, respectively, reflect current market demand. Potential residents should weigh these figures against local job opportunities and lifestyle preferences to make an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cushing, 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.): $250 per month
Living in Cushing, 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 $250 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 Cushing is a financially viable option for your relocation.