Zip 04258 (Minot, ME) Cost of Living


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Minot cost of living score
90.8
Less expensive
9.2% lower
than the US average
6.4% lower
than the Maine average
Minot (zip 04258), Maine gets a BestPlaces Cost of Living score of 90.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% lower than the U.S. average and 6.4% higher than the average for Maine.

Zip 04258 (Minot, ME)

Housing costs in Minot?
A typical home costs $300,900, which is 11.0% less expensive than the national average of $338,100 and 9.9% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Minot costs $1,430 per month, which is 0.0% cheaper than the national average of $1,430 and 12.6% more than the state average of $1,250.

Can I afford Minot?
To live comfortably in Minot (zip 04258), Maine, a minimum annual income of $57,600 for a family, and $45,200 for a single person is recommended.

What does A.I. say about Minot?
Living in 04258 Minot, ME is quite affordable compared to other parts of the country. The cost of living index in the area is 87.2, and housing costs are some of the lowest in the nation with a median home value of just $133,500 and median monthly rent at $1,100. Utilities costs are also relatively low and groceries average only about 10% more than the national average. This makes 04258 Minot an attractive place for those looking to live in a rural location without breaking the bank.
   Cost of living score
     CategoriesMinotMaineUnited States
  90.897.0100.0
  106.5107.1100
  96.296.5100.0
  106.0103.4100.0
  $300,900$334,000$338,100
  105.9%103.6%100.0%
  83.579.2100.0
  83.192.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime