Housing costs in Albion?
A typical home costs
$229,200, which is 32.2% less expensive than the national average of
$338,100 and 31.4% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Albion costs
$960 per month, which is 32.9% more than the national average of
$1,430 and 30.2% more than the state average of
$1,250.
Can I afford Albion?
To live comfortably in Albion, Maine, a minimum annual income of
$43,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Albion?
Albion, ME is an affordable place to live. The cost of living index in Albion is about 5% lower than the national average, making it a great choice for those looking to minimize their monthly expenses. The median household income in Albion is about $40,500, and housing prices are generally more reasonable than many other parts of Maine or the rest of the country. Renters will find that getting an apartment or house in Albion typically costs less than elsewhere in Maine. Food and other necessities are reasonably priced as well, so overall living costs in Albion are quite manageable.