Lakeville, ME Cost of Living


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Lakeville cost of living score
85.7
Less expensive
14.3% lower
than the US average
11.6% lower
than the Maine average
Lakeville, Maine gets a BestPlaces Cost of Living score of 85.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.3% lower than the U.S. average and 11.6% higher than the average for Maine.

Lakeville, ME

Housing costs in Lakeville?
A typical home costs $226,600, which is 33.0% less expensive than the national average of $338,100 and 32.2% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Lakeville costs $1,120 per month, which is 21.7% cheaper than the national average of $1,430 and 11.6% cheaper than the state average of $1,250.

Can I afford Lakeville?
To live comfortably in Lakeville, Maine, a minimum annual income of $43,560 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Lakeville?
The cost of living in Lakeville, ME is relatively low compared to other parts of the country. The median home price is just under $200,000, with rental prices averaging around $900 per month. Taxes are also reasonable, with a combined sales and income tax rate of 8%. Utilities are affordable as well, with electricity averaging around $100 per month. All in all, Lakeville is an affordable place to live and provides quality services at very reasonable prices.
   Cost of living score
     CategoriesLakevilleMaineUnited States
  85.797.0100.0
  100.8107.1100
  101.096.5100.0
  72.2103.4100.0
  $226,600$334,000$338,100
  103.2%103.6%100.0%
  78.579.2100.0
  87.592.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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