Cost of Living in Litchfield, ME
Housing
The housing market plays a significant role in determining the cost of living in Litchfield, ME.
- Housing Index: 95.0 / 100
- Median Home Price is: $275,000
- Average Rent (2 BR Apartment): $1280 per month
- Average Rent (2 BR House): $1400 per month
Considering a move to Litchfield, ME? With a housing index of 95.0, the market is slightly below the national average, making it relatively affordable for many homebuyers. The median home price sits at 275000, which is attractive compared to various metropolitan areas. If renting appeals more, expect to pay about 1280 for a 2-bedroom apartment or 1400 for a 2-bedroom house. This reflects a stable rental market that should cater to diverse housing needs, making it a worthwhile consideration for those looking to relocate.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Litchfield, 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 Litchfield, 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 Litchfield is a financially viable option for your relocation.