Housing costs in Biddeford?
A typical home costs
$397,500, which is 17.6% more expensive than the national average of
$338,100 and 19.0% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Biddeford costs
$1,270 per month, which is 1.6% more than the national average of
$1,250 and 26.8% cheaper than the state average of
$1,610.
Can I afford Biddeford?
To live comfortably in Biddeford (zip 04005), Maine, a minimum annual income of
$76,320 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Biddeford?
The cost of living in 04005 Biddeford, ME is relatively low compared to other cities in the United States. According to BestPlaces, the cost of living index for Biddeford is lower than the national average by 3%. Additionally, the city’s housing costs are 20% lower than the average across America. Renting a one-bedroom apartment averages about $700 per month which makes it an attractive place for budget-minded individuals and families looking to save money. Groceries, transportation, and utilities are also cheaper than the national average. All of this leads to an overall low cost of living that can help people stretch their dollar further and enjoy life in 04005 Biddeford.