Cost of Living in Harpswell, ME
Housing
The housing market plays a significant role in determining the cost of living in Harpswell, ME.
- Housing Index: 110.0 / 100
- Median Home Price is: $367500
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1820 per month
Considering moving to Harpswell, ME? The current housing index stands at 110.0, indicating a moderately expensive market. The median home price is at 367500, which reflects the area's demand. For renters, expect to pay an average of 1800 for a 2BR apartment and 1820 for a 2BR house. It's important to compare these costs with your budget and long-term goals. Additionally, note that housing prices can vary, and better financing options may be available at local banks. Evaluate all factors before making your decision!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Harpswell, 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.): $250 per month
Living in Harpswell, 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 $250 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 Harpswell is a financially viable option for your relocation.