Zip 04287 (Bowdoin, ME) Cost of Living


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Bowdoin cost of living score
94.8
Less expensive
5.2% lower
than the US average
2.3% lower
than the Maine average
Bowdoin (zip 04287), Maine gets a BestPlaces Cost of Living score of 94.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.2% lower than the U.S. average and 2.3% higher than the average for Maine.

Zip 04287 (Bowdoin, ME)

Housing costs in Bowdoin?
A typical home costs $329,800, which is 2.5% less expensive than the national average of $338,100 and 1.3% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Bowdoin costs $1,240 per month, which is 13.3% cheaper than the national average of $1,430 and close to the state average of $1,250.

Can I afford Bowdoin?
To live comfortably in Bowdoin (zip 04287), Maine, a minimum annual income of $63,360 for a family, and $40,800 for a single person is recommended.

What does A.I. say about Bowdoin?
The cost of living in 04287 Bowdoin, ME is relatively low compared to other parts of the country. The median home value in the town is $125,000, while the median cost of rent is around $750 per month. Additionally, transportation costs are also low due to the fact that there is no nearby public transit. Grocery and utility costs are also lower than many other regions in Maine. All in all, 04287 Bowdoin offers a comfortable lifestyle with affordable living expenses.
   Cost of living score
     CategoriesBowdoinMaineUnited States
  94.897.0100.0
  106.6107.1100
  90.796.5100.0
  90.6103.4100.0
  $329,800$334,000$338,100
  104.9%103.6%100.0%
  89.079.2100.0
  111.992.2100.0

   100=National Average

   Average Rent by Bedroom Size
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