Housing costs in Damariscotta CDP?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Damariscotta CDP costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,250.
Can I afford Damariscotta CDP?
To live comfortably in Damariscotta CDP, Maine, a minimum annual income of
$56,160 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Damariscotta CDP?
The cost of living in Damariscotta CDP, ME is significantly lower than the US average. According to the data, the US average Cost of Living is 100, while Damariscotta CDP has an average cost of living that is much lower. This could be attributed to factors such as low taxes and affordable housing prices; the median house value in Damariscotta CDP is significantly lower than the US average of $338,100. For those looking to move to a new city with low costs of living and plenty of amenities, Damariscotta CDP may be a great option.