Cost of Living in Greenwood, ME
Housing
The housing market plays a significant role in determining the cost of living in Greenwood, ME.
- Housing Index: Data is updating
- Median Home Price is: $210,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Greenwood, ME? The median home price is relatively affordable at 210000, which can be appealing for those looking to enter the housing market. However, it's essential to note that key data points, such as the housing index, average rent for a 2BR apartment and a 2BR house, are not available. This lack of rental data may suggest a low demand in housing rentals, implying potential opportunities for buyers. Always evaluate local amenities and market trends, as they significantly influence overall desirability and future value.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Greenwood, 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.): Data is updating
Living in Greenwood, 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 data unavailable 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 Greenwood is a financially viable option for your relocation.