Housing costs in Penobscot?
A typical home costs
$227,800, which is 32.6% less expensive than the national average of
$338,100 and 31.8% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Penobscot costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 22.5% cheaper than the state average of
$1,250.
Can I afford Penobscot?
To live comfortably in Penobscot Ma County, Maine, a minimum annual income of
$43,560 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Penobscot?
Living in Penobscot, ME County is much more affordable than the rest of the United States. According to data, the median house value in Penobscot is $227,800, which is significantly lower than the national average of $338,100. Additionally, the cost of living in Penobscot is 85.7 compared to 100 for the US average. This means that residents of Penobscot are able to stretch their dollar much further than they would elsewhere in the country. Whether you’re a home-owner or renter, living in Penobscot can provide you with a good quality of life at an affordable cost.