Housing costs in Winthrop?
A typical home costs
$316,300, which is 6.4% less expensive than the national average of
$338,100 and 5.3% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Winthrop costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 26.3% more than the state average of
$1,250.
Can I afford Winthrop?
To live comfortably in Winthrop, Maine, a minimum annual income of
$60,480 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Winthrop?
The cost of living in Winthrop, ME is slightly above the national average. It is a small city with a population of just over 6,000 people and the median home value in 2019 was $167,400. The median household income was $56,755, which is fairly close to the Maine median of $57,655. This indicates that the cost of living in Winthrop may be slightly higher than other parts of the state due to its relatively high home values and nearby amenities such as schools and shopping centers. Overall, Winthrop has many natural attractions and features that make it an attractive place to live despite its slightly higher cost of living.