Cost of Living in North haven, ME
Housing
The housing market plays a significant role in determining the cost of living in North haven, ME.
- Housing Index: 115.0 / 100
- Median Home Price is: $350000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $2000 per month
Considering a move to North haven, ME? The housing index stands at 115.0, indicating that the cost of living is slightly above the national average. With a median home price of 350000, homeownership may be accessible, but note that renting a 2-bedroom apartment averages at 1800 and renting a 2-bedroom house averages at 2000. If thinking long-term, investing in a home might be wise here, especially given potential appreciation. Ensure you weigh all factors, including employment opportunities and local amenities, before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North haven, 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 North haven, 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 North haven is a financially viable option for your relocation.