Woolwich, ME Cost of Living


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Woolwich cost of living score
94.8
Less expensive
5.2% lower
than the US average
2.3% lower
than the Maine average
Woolwich, Maine gets a BestPlaces Cost of Living score of 94.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.2% lower than the U.S. average and 2.3% higher than the average for Maine.

Woolwich, ME

Housing costs in Woolwich?
A typical home costs $365,800, which is 8.2% more expensive than the national average of $338,100 and 9.5% more expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Woolwich costs $1,360 per month, which is 4.9% cheaper than the national average of $1,430 and 8.1% more than the state average of $1,250.

Can I afford Woolwich?
To live comfortably in Woolwich, Maine, a minimum annual income of $70,200 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Woolwich?
Living in Woolwich, ME can be quite affordable. The median home value in the area is $298,500, which is lower than the national average of $211,731. Renters can expect to pay an average of $1,072 per month for a two-bedroom apartment. Groceries and other necessities are also reasonably priced compared to the national average. Residents will find that they save money overall on the cost of living when compared to other communities in Maine.
   Cost of living score
     CategoriesWoolwichMaineUnited States
  94.897.0100.0
  106.3107.1100
  90.796.5100.0
  97.3103.4100.0
  $365,800$334,000$338,100
  103.7%103.6%100.0%
  82.579.2100.0
  111.492.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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