Parsonsfield, ME Cost of Living


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Parsonsfield cost of living score
109.9
More expensive
9.9% higher
than the US average
13.3% higher
than the Maine average
Parsonsfield, Maine gets a BestPlaces Cost of Living score of 109.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.9% higher than the U.S. average and 13.3% higher than the average for Maine.

Parsonsfield, ME

Housing costs in Parsonsfield?
A typical home costs $298,400, which is 11.7% less expensive than the national average of $338,100 and 10.7% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Parsonsfield costs $1,260 per month, which is 11.9% cheaper than the national average of $1,430 and close to the state average of $1,250.

Can I afford Parsonsfield?
To live comfortably in Parsonsfield, Maine, a minimum annual income of $57,240 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Parsonsfield?
Parsonsfield, ME is an affordable place to live. The cost of living in the area is 6% lower than the average in the United States, making it a great option for those looking to stretch their money further. Additionally, housing is reasonably priced with the median home price coming in at $140,000—well below the national average of $231,200. With its low-cost grocery stores and restaurants, Parsonsfield is a great place to stay on budget while enjoying all that this charming Maine town has to offer.
   Cost of living score
     CategoriesParsonsfieldMaineUnited States
  109.997.0100.0
  106.7107.1100
  91.096.5100.0
  84.6103.4100.0
  $298,400$334,000$338,100
  107.1%103.6%100.0%
  118.179.2100.0
  106.192.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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