Housing costs in Farmingdale?
A typical home costs
$258,800, which is 23.5% less expensive than the national average of
$338,100 and 22.5% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Farmingdale costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 30.2% more than the state average of
$1,250.
Can I afford Farmingdale?
To live comfortably in Farmingdale, Maine, a minimum annual income of
$49,680 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Farmingdale?
Farmingdale, ME offers an affordable cost of living compared to the national average. The median home value is $146,600, and residents pay an average of $1,239 per month for rent. Groceries are quite inexpensive as well, with staple items costing much less than the national average. Transportation costs are also low; the monthly cost of owning a car in Farmingdale is about 8% lower than the national average. Overall, Farmingdale is a great place to live for those who want to save money without sacrificing quality of life.