Cost of Living in Islesboro, ME

Housing

The housing market plays a significant role in determining the cost of living in Islesboro, ME.

  • Housing Index: Data is updating
  • Median Home Price is: $390,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Considering a move to Islesboro, ME? With a median home price of 390000, it appears the housing market may be out of reach for some. The housing index currently sits at 0.0, suggesting affordability issues. Intriguingly, if both the average rents for a 2-bedroom apartment and house are listed as 0.0 and 0.0, it indicates potential rental scarcity or pricing challenges. Keep an eye on market trends; areas with lower home prices may temporarily offer better investment opportunities. Always consider local employment prospects and amenities when making your decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Islesboro, 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 Islesboro, 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 Islesboro is a financially viable option for your relocation.