Cost of Living in Waterford, ME
Housing
The housing market plays a significant role in determining the cost of living in Waterford, ME.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Waterford, ME, it's evident that the housing market shows some promising affordability with a median home price of 200000. However, the current data indicates a zero housing index and lack of rent costs for 2-bedroom properties, suggesting limited availability in the rental market or data collection issues. This situation may benefit those looking to buy homes, yet might leave renters in a challenging position. Additionally, researching local amenities, job opportunities, and future market trends can create a well-rounded perspective before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waterford, 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 Waterford, 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 Waterford is a financially viable option for your relocation.