Cost of Living in Stockton springs, ME

Housing

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

  • Housing Index: Data is updating
  • Median Home Price is: $320,000
  • Average Rent (2 BR Apartment): Data is updating
  • Average Rent (2 BR House): Data is updating

Analyzing the housing data for Stockton springs, ME, reveals a median home price of 320000, suggesting a competitive market. However, a housing index of 0.0 indicates a lack of available or affordable rental options, with both average rents for 2-bedroom apartments and houses reported at $0. This could signal limited housing inventory, which might drive potential home buyers to consider purchasing homes over renting. Make sure to consider local economic factors, job growth, and infrastructural development when deciding about relocation to ensure a sustainable living situation.

Utilities

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