Housing costs in Belgrade Lakes?
A typical home costs
$291,000, which is 13.9% less expensive than the national average of
$338,100 and 12.9% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Belgrade Lakes costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 27.6% cheaper than the state average of
$1,250.
Can I afford Belgrade Lakes?
To live comfortably in Belgrade Lakes (zip 04918), Maine, a minimum annual income of
$55,800 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Belgrade Lakes?
The cost of living in 04918 Belgrade Lakes, ME is fairly affordable compared to other areas. The median home value is $187,900 and the median gross rent is $1,027. This indicates that homes are relatively affordable for those looking to purchase a property or rent an apartment. Basic goods and services also remain relatively inexpensive and local businesses provide plenty of opportunities for budget-conscious residents. Residents can expect their annual groceries, health care, and transportation costs to remain low while enjoying the advantages of small-town life in Belgrade Lakes.