Housing costs in Kennebunkport?
A typical home costs
$905,300, which is 167.8% more expensive than the national average of
$338,100 and 171.0% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Kennebunkport costs
$1,480 per month, which is 3.5% more than the national average of
$1,430 and 15.5% more than the state average of
$1,250.
Can I afford Kennebunkport?
To live comfortably in Kennebunkport, Maine, a minimum annual income of
$173,520 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Kennebunkport?
Living in Kennebunkport, ME is relatively affordable compared to other parts of the country. The cost of living is significantly lower than the national average and almost 20% lower than the state average. While housing prices have been steadily rising in recent years, they are still relatively low compared to other areas in New England. The median home cost in Kennebunkport is around $294,000 and the median rent for a one-bedroom apartment is around $1,000. Overall, Kennebunkport offers excellent value for money with its low cost of living and proximity to beaches as well as cultural attractions such as museums and parks.