Zip 04038 (Gorham, ME)  Cost of Living

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Zip 04038 (Gorham, ME) Cost of Living

Gorham (zip 04038), Maine gets a BestPlaces Cost of Living index of 112.5, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 12.5 percent higher than the U.S. average and 16.0 percent higher than the average for Maine.

A typical home costs $441,200, which is 30.5 percent more expensive than the national average of $338,100 and 32.1 percent more expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Gorham costs $1,760 per month, which is 23.1 percent more than the national average of $1,430 and 29.0 percent more than the state average of $1,250.

To live comfortably in Gorham (zip 04038), Maine, a minimum annual income of $84,600 for a family, and $54,400 for a single person is recommended.

Our cost of living indices are based on a US average of 100. An amount below 100 means Gorham (zip 04038) is cheaper than the US average. A cost of living index above 100 means Gorham (zip 04038), Maine is more expensive.

Gorham (zip 04038) cost of living is 112.5

COST OF LIVINGGorhamMaineUSA
  112.597100
  110.4107.1100
  90.596.5100
  133.7103.4100
  $441,200$334,000$338,100
  107.1103.6100
  85.879.2100
  113.892.2100
100=National Average
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