Housing costs in Cape Neddick?
A typical home costs
$636,600, which is 88.3% more expensive than the national average of
$338,100 and 90.6% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Cape Neddick costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 30.9% more than the state average of
$1,250.
Can I afford Cape Neddick?
To live comfortably in Cape Neddick (zip 03902), Maine, a minimum annual income of
$122,040 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Cape Neddick?
The cost of living in 03902 Cape Neddick, ME is rather high compared to the rest of the country. According to Sperling’s Best Places, it has an index score of 156.2, which means that it is 56.2% higher than the United States average. Housing costs are particularly expensive with a median home value of $380,400 and a median rent payment of $1,506 per month. Food prices are also much higher than the national average with groceries costing 20% more than the national norm and health care being 7% pricier. Despite the high cost of living in 03902 Cape Neddick, ME is still considered one of the best places to live in Maine due to its scenic beauty and recreational activities available such as boating and hiking along with its proximity to some major cities such as Portland and Boston.