Cost of Living: Damariscotta, ME vs Sikeston, MO

Housing

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

Metric Damariscotta Sikeston
Housing Index 120.0 85.0
Median Home Price $318,000 $150,000
Average Rent (2 BR Apartment) $1600 $800
Average Rent (2 BR House) $1640 $820

Housing Comparison: Damariscotta vs Sikeston

  • In Damariscotta, the median home price is higher at $318,000, while in Sikeston it is $150,000.
  • In Sikeston, the rental for a two-bedroom apartment stands at $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 Sikeston
Electricity Price $22.26 $14.64
Natural Gas Price $21.63 $23.25
Other Utilities $250 $250

Utilities Comparison: Damariscotta vs Sikeston

  • Electricity costs are higher in Damariscotta at $22.26 per kWh, compared to $14.64 in Sikeston.
  • Sikeston experiences higher natural gas costs at $23.25 per unit, with costs at $21.63 in Damariscotta.
  • Utility expenses are equal in both Damariscotta and Sikeston averaging $250.