Housing costs in Old Town?
A typical home costs
$198,200, which is 41.4% less expensive than the national average of
$338,100 and 40.7% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Old Town 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 Old Town?
To live comfortably in Old Town, Maine, a minimum annual income of
$37,800 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Old Town?
The cost of living in Old Town, ME is quite affordable. The town offers low housing costs with average monthly rents ranging from $600 to $800. Groceries and other necessities are also reasonably priced, and there are plenty of opportunities for bargain shopping. Public transportation is available and affordable, although driving is still the most popular way to get around. In addition, the town has a variety of restaurants, bars and cafes that offer low-cost meals and snacks. All in all, Old Town has something for everyone at an affordable price point.