Cost of Living in Sanford, ME
Housing
The housing market plays a significant role in determining the cost of living in Sanford, ME.
- Housing Index: 120.0 / 100
- Median Home Price is: $310,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1900 per month
Considering a move to Sanford, ME? With a housing index of 120.0, housing costs are moderately elevated compared to the national average. The median home price stands at 310000, indicating a stable real estate market. Renting may be an option, but with average rents for a 2-bedroom apartment at 1800 and a house at 1900, it reflects the demand for rental properties. As you evaluate your options, consider local amenities and job opportunities, which could enhance your living experience despite the housing costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sanford, 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 Sanford, 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 Sanford is a financially viable option for your relocation.