Housing costs in Chebeague Island?
A typical home costs
$541,200, which is 60.1% 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 Chebeague Island costs
$1,960 per month, which is 37.1% more than the national average of
$1,430 and 36.2% more than the state average of
$1,250.
Can I afford Chebeague Island?
To live comfortably in Chebeague Island, Maine, a minimum annual income of
$103,680 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Chebeague Island?
The cost of living in Chebeague Island, ME is slightly higher than the national average but still quite affordable. This is partially due to the small size and limited resources available, as well as the lack of an income tax. However, there are still a variety of housing options available for those looking to move to Chebeague Island. Prices for homes can range from $300,000 to nearly $1 million depending on style and location. Additionally, groceries and other household necessities are generally within 15% of the national average due to the close proximity of Portland, ME. Overall, Chebeague Island is a great place to live and it offers a pleasant lifestyle without breaking the bank.