Housing costs in Fayette?
A typical home costs
$300,000, which is 11.3% less expensive than the national average of
$338,100 and 10.2% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Fayette costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 26.3% more than the state average of
$1,250.
Can I afford Fayette?
To live comfortably in Fayette, Maine, a minimum annual income of
$57,600 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Fayette?
The cost of living in Fayette, ME is quite reasonable. Prices for basic necessities such as groceries and gas are comparable to other parts of Maine and the United States. Living costs also remain affordable due to the town’s small size and rural location; with a population of just under 700, the cost of housing is relatively low compared to larger cities. Overall, people who choose to live in Fayette can expect to enjoy a peaceful life at an affordable cost.