Housing costs in Carmel?
A typical home costs
$275,000, which is 18.7% less expensive than the national average of
$338,100 and 17.7% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Carmel costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 6.0% more than the state average of
$1,250.
Can I afford Carmel?
To live comfortably in Carmel, Maine, a minimum annual income of
$52,560 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Carmel?
Carmel, ME is an affordable place to live with a relatively low cost of living. The area's housing costs are lower than the national average, making it an attractive option for those looking for a budget-friendly location. Groceries and healthcare services cost slightly more than the national average, but overall prices remain fairly low compared to other parts of the country. Property taxes are also lower than most states in the US, providing an additional incentive to move to Carmel, ME.