Cost of Living: Damariscotta, ME vs Lynn haven, FL

Housing

The housing market plays a significant role in determining the cost of living.

Metric Damariscotta Lynn haven
Housing Index 120.0 98.0
Median Home Price $318,000 $298,000
Average Rent (2 BR Apartment) $1600 $1800
Average Rent (2 BR House) $1640 $1840

Housing Comparison: Damariscotta vs Lynn haven

  • In Damariscotta, the median home price is higher at $318,000, while in Lynn haven it is $298,000.
  • In Lynn haven, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Damariscotta.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Damariscotta Lynn haven
Electricity Price $22.26 $13.89
Natural Gas Price $21.63 $26.13
Other Utilities $250 $250

Utilities Comparison: Damariscotta vs Lynn haven

  • Electricity costs are higher in Damariscotta at $22.26 per kWh, compared to $13.89 in Lynn haven.
  • Lynn haven experiences higher natural gas costs at $26.13 per unit, with costs at $21.63 in Damariscotta.
  • Utility expenses are equal in both Damariscotta and Lynn haven averaging $250.