Cost of Living in Sullivan, ME
Housing
The housing market plays a significant role in determining the cost of living in Sullivan, ME.
- Housing Index: 115.0 / 100
- Median Home Price is: $249,000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
Considering your data for Sullivan, ME, the housing index of 115.0 indicates that the cost of living is somewhat above the national average. With a median home price of 249000, purchasing a home may require substantial financial readiness. Renting is also a consideration, with average rents for a 2-bedroom apartment at 1500 and a 2-bedroom house at 1600, which may not be ideal for those on a tight budget. Overall, initial costs could be high, so assessing your financial capacity and long-term plans is essential before making a move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sullivan, 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 Sullivan, 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 Sullivan is a financially viable option for your relocation.