Cost of Living in South paris, ME
Housing
The housing market plays a significant role in determining the cost of living in South paris, ME.
- Housing Index: 110.0 / 100
- Median Home Price is: $274,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to South paris, ME? The housing index of 110.0 indicates it's slightly above the national average, suggesting a competitive real estate market. With a median home price of 274000, buying a home may be a significant investment. Meanwhile, average rents for a 2BR apartment sit at 1200 and for a 2BR house at 1360, which can impact your monthly financial planning. As a potential resident, understanding these factors will be crucial to making a well-informed housing decision in this vibrant area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South paris, 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 South paris, 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 South paris is a financially viable option for your relocation.