Parsonsfield, ME Cost of Living


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How much do I need to live in Parsonsfield, Maine?
$4,770 / month
for a family, 11.7% less expensive than the national average A total of $57,240 for the year for a family.
$3,333 / month
for a single person, 30.1% less expensive than the national average A total of $40,000 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesParsonsfieldMaineUnited States
    Unlock97.0100.0
  106.7  Unlock100.0
    Unlock96.5100.0
  84.6  Unlock100.0
    Unlock$334,000$338,100
  107.1  Unlock100.0
    Unlock79.2100.0
  106.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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