Caribou, ME Cost of Living


2 Reviews



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United States / Maine / No Metro Area / Aroostook County / Caribou / Zip Codes
How much do I need to live in Caribou, Maine?
$2,340 / month
for a family, 56.7% less expensive than the national average
$2,200 / month
for a single person, 53.8% less expensive than the national average

Caribou cost of living score
75.1
Less expensive
24.9% lower
than the US average
22.6% lower
than the Maine average
Caribou, Maine gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 22.6% higher than the average for Maine.

Caribou, ME

Housing costs in Caribou?
A typical home costs $146,600, which is 56.6% less expensive than the national average of $338,100 and 56.1% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Caribou costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 52.4% cheaper than the state average of $1,250.

Can I afford Caribou?
To live comfortably in Caribou, Maine, a minimum annual income of $28,080 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Caribou?
The cost of living in Caribou, ME is relatively affordable. According to BestPlaces, the cost of living index in the city is 62.93, which is lower than the national average of 100. Rent prices range from about $500 for a one bedroom apartment to around $950 for a three bedroom unit. Additionally, utility bills are typically quite inexpensive, with electricity costing an average of just over $100 per month and heating averaging around $155 per month annually. Groceries tend to be more expensive than elsewhere in the state but still remain relatively affordable compared to other parts of the country. Overall, the cost of living in Caribou is very reasonable and makes it an ideal spot for those looking for a value-oriented place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCaribouMaineUnited States
  75.197.0100.0
  103.8107.1100
  117.896.5100.0
  37.6103.4100.0
  $146,600$334,000$338,100
  106.7103.6100
  65.679.2100.0
  79.092.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Caribou
    See all (2)

Over 15 years ago

Don't believe the exaggerations about cold. April signals end of snow. First snowfall comes in November. May through September are very nice, unless you like HOT  More

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Over 18 years ago

You have 4 seasons to  More

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