Housing costs in East Baldwin?
A typical home costs
$337,700, which is 0.1% less expensive than the national average of
$338,100 and 1.1% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in East Baldwin costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 3.1% more than the state average of
$1,250.
Can I afford East Baldwin?
To live comfortably in East Baldwin (zip 04024), Maine, a minimum annual income of
$64,800 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about East Baldwin?
The cost of living in 04024 East Baldwin, ME is slightly above the national average. Prices for goods and services are higher than most other areas in the country but this is largely due to the area's unique lifestyle and location. The cost of housing is also slightly higher than other areas due to its close proximity to nature reserves, lakes, and rivers. In addition, there are several taxes that add to the overall cost of living. However, residents benefit from a lower unemployment rate and greater job security compared to other areas of Maine and the USA as a whole.