Cost of Living in Van buren, ME
Housing
The housing market plays a significant role in determining the cost of living in Van buren, ME.
- Housing Index: 90.0 / 100
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering the data for Van buren, ME, it's clear that the housing market presents an appealing opportunity. With a housing index of 90.0, which indicates relative affordability, the median home price of 175000 suggests entry-level prices that are competitive compared to national averages. Renters can expect to pay approximately 1200 for a 2-bedroom apartment or 1280 for a similar house, reflecting market trends that could benefit both buyers and renters. Additionally, with a robust job market and community amenities, Van buren could be an ideal place to settle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Van buren, 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.): $200 per month
Living in Van buren, 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 $200 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 Van buren is a financially viable option for your relocation.