Housing costs in Cape Neddick?
A typical home costs
$541,100, which is 60.0% more expensive than the national average of
$338,100 and 62.0% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Cape Neddick costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 31.7% more than the state average of
$1,250.
Can I afford Cape Neddick?
To live comfortably in Cape Neddick, Maine, a minimum annual income of
$103,680 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Cape Neddick?
The cost of living in Cape Neddick, ME is slightly higher than the average cost of living in the United States. The median home price is around $393,000, which is slightly higher than Maine's median home value of $195,400. The overall cost of living index for Cape Neddick is 129.7, which is still below the national average of 100. Other expenses like groceries and utilities are also slightly higher than average but nothing too drastic. All in all, Cape Neddick offers good value for money when it comes to the cost of living.