Housing costs in Farmingdale?
A typical home costs
$253,500, which is 25.0% less expensive than the national average of
$338,100 and 24.1% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Farmingdale costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 27.6% cheaper than the state average of
$1,250.
Can I afford Farmingdale?
To live comfortably in Farmingdale (zip 04344), Maine, a minimum annual income of
$48,600 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Farmingdale?
The cost of living in 04344 Farmingdale, ME is generally considered to be low in comparison to other cities. The average home price is around $110,000 and the median household income for the area is nearly $48,421. Groceries are relatively inexpensive and transportation expenses are also lower than the national average. There is a small town charm that many people enjoy about Farmingdale. There are several outdoor recreational activities nearby and plenty of places to shop and dine. Overall, the cost of living in 04344 Farmingdale, ME makes it an attractive location for those looking for an affordable place to live with easy access to larger cities.