Zip 04032 (Freeport, ME) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Freeport, Maine?
$8,670 / month
for a family, 60.6% more expensive than the national average A total of $104,040 for the year for a family.
$5,167 / month
for a single person, 8.4% more expensive than the national average A total of $62,000 for the year for a single person.

Freeport cost of living score
112.5
More expensive
12.5% higher
than the US average
16.0% higher
than the Maine average
Freeport (zip 04032), Maine gets a BestPlaces Cost of Living score of 112.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.5% higher than the U.S. average and 16.0% higher than the average for Maine.

Zip 04032 (Freeport, ME)

Housing costs in Freeport?
A typical home costs $543,200, which is 60.7% more expensive than the national average of $338,100 and 62.6% more expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Freeport costs $2,000 per month, which is 39.9% more than the national average of $1,430 and 37.5% more than the state average of $1,250.

Can I afford Freeport?
To live comfortably in Freeport (zip 04032), Maine, a minimum annual income of $104,040 for a family, and $62,000 for a single person is recommended.

What does A.I. say about Freeport?
The cost of living in 04032 Freeport, ME is relatively low compared to other parts of the country. The median home price is around $243,000, which is lower than the national average. Other costs such as utilities and food are also below the national average. Tax rates are favorable for residents, with income tax being 6.5%, while sales tax is at 5.5%. All of these factors make 04032 a great place to live if you're looking for an affordable lifestyle without sacrificing quality or amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFreeportMaineUnited States
    Unlock97.0100.0
  112.6  Unlock100.0
    Unlock96.5100.0
  181.7  Unlock100.0
    Unlock$334,000$338,100
  104.9  Unlock100.0
    Unlock79.2100.0
  113.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.