Cost of Living: Freeport, IL vs Damariscotta, ME
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Freeport | Damariscotta |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $Data is updating | $318,000 |
| Average Rent (2 BR Apartment) | $1200 | $1600 |
| Average Rent (2 BR House) | $1360 | $1640 |
Housing Comparison: Freeport vs Damariscotta
- The median home price in Damariscotta is higher at $318,000, compared to $0 in Freeport.
- In Damariscotta, the rental for a two-bedroom apartment stands at $1,600, while it is $1,200 in Freeport.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Freeport | Damariscotta |
|---|---|---|
| Electricity Price | $16.15 | $22.26 |
| Natural Gas Price | $16.59 | $21.63 |
| Other Utilities | $210 | $250 |
Utilities Comparison: Freeport vs Damariscotta
- Damariscotta has higher electricity costs at $22.26 per kWh, versus $16.15 in Freeport.
- Damariscotta experiences higher natural gas costs at $21.63 per unit, with costs at $16.59 in Freeport.
- Damariscotta has higher utility expenses, averaging $250, while Freeport averages $210.