Cost of Living in Nobleboro, ME
Housing
The housing market plays a significant role in determining the cost of living in Nobleboro, ME.
- Housing Index: 120.5 / 100
- Median Home Price is: $285,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1624 per month
Considering a move to Nobleboro, ME? The housing index stands at 120.5, indicating a competitive market. With a median home price of 285000, purchasing may be more feasible compared to cities with higher median prices. If renting is your preference, expect to pay approximately 1600 for a 2-bedroom apartment or 1624 for a 2-bedroom house. This data shows a strong rental market; however, it's crucial to evaluate your budget and lifestyle preferences. Keep in mind that housing availability and neighborhood desirability can significantly affect your experience in this region.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Nobleboro, 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 Nobleboro, 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 Nobleboro is a financially viable option for your relocation.