Housing costs in Falmouth?
A typical home costs
$728,300, which is 115.4% more expensive than the national average of
$338,100 and 118.1% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Falmouth costs
$2,570 per month, which is 79.7% more than the national average of
$1,430 and 51.4% more than the state average of
$1,250.
Can I afford Falmouth?
To live comfortably in Falmouth (zip 04105), Maine, a minimum annual income of
$139,680 for a family, and
$79,600 for a single person is recommended.
What does A.I. say about Falmouth?
The cost of living in 04105 Falmouth, ME is quite reasonable compared to other cities in the area. The average cost of housing is around $350,000 which is far below the national average, and the median household income is around $77,000, making it an affordable place to live. Homeownership costs are relatively low compared to other areas, and transportation costs are also low due to the proximity of Portland International Jetport. Groceries and healthcare are also reasonably priced compared to other communities in the region. Overall, 04105 Falmouth, ME offers a great quality of life at a very reasonable price.