Housing costs in Mechanic Falls?
A typical home costs
$233,500, which is 30.9% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Mechanic Falls costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 9.4% more than the state average of
$1,250.
Can I afford Mechanic Falls?
To live comfortably in Mechanic Falls, Maine, a minimum annual income of
$44,640 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Mechanic Falls?
The cost of living in Mechanic Falls, ME is relatively low compared to many other areas in the country. According to BestPlaces's Cost of Living Index for 2019, Mechanic Falls scores a 58.45 out of 100, with 100 being the highest cost of living index score. The average housing price is among the lowest in Maine at $148,654. Utilities, groceries, and transportation costs are all on the lower end compared to other areas as well. All things considered, Mechanic Falls is an affordable place to live that offers its residents a peaceful and serene lifestyle without breaking the bank.