Cost of Living in Lewiston, ME

Housing

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

• Housing Index: 0.0 / 100
• Median Home Price is: $263000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

Based on the data provided for Lewiston, ME, the median home price is an affordability point at 263000. However, the housing index, which indicates the strength of the housing market, is at 0.0, suggesting potential concerns with demand or market stability. The absence of rental data for 2-bedroom apartments and houses is also noteworthy. This could impact whether you prefer renting or buying in the area. It's crucial to investigate local amenities, crime rates, and job opportunities which may provide insights beyond housing costs and contribute to a well-rounded decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lewiston, 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.): $0.0 per month

Living in Lewiston, 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 0.0 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 0.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $54317

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Lewiston, ME, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.