Housing costs in Alfred?
A typical home costs
$395,000, which is 16.8% more expensive than the national average of
$338,100 and 18.3% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Alfred costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 7.4% more than the state average of
$1,250.
Can I afford Alfred?
To live comfortably in Alfred (zip 04002), Maine, a minimum annual income of
$75,600 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Alfred?
The cost of living in Alfred, ME 04002 is relatively low compared to other parts of Maine and the United States. Prices for basic necessities such as groceries, housing, utilities, and healthcare are all very reasonable. Despite this affordability, Alfred residents still enjoy access to a variety of recreational activities, arts, culture and entertainment in the area. Additionally, public transportation is available in the city which makes getting around more affordable for locals. Overall, Alfred offers an ideal balance between quality of life and affordability that makes it a great place to live.