Cost of Living in South portland, ME
Housing
The housing market plays a significant role in determining the cost of living in South portland, ME.
- Housing Index: 110.0 / 100
- Median Home Price is: $308,000
- Average Rent (2 BR Apartment): $1900 per month
- Average Rent (2 BR House): $1975 per month
Considering a move to South portland, ME? With a population of and a median age of , this city demonstrates a mature, stable community. The median income stands at , providing a respectable standard of living, while low poverty levels at % and an unemployment rate of just % suggest economic resilience. With 38% of families being married, the social fabric is likely to be strong. Overall, South portland presents as an attractive option for those valuing stability and community, alongside economic opportunity.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South portland, 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 portland, 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 portland is a financially viable option for your relocation.