Zip 04048 (Limerick, ME) Cost of Living


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How much do I need to live in Limerick, Maine?
$5,310 / month
for a family, 1.7% less expensive than the national average A total of $63,720 for the year for a family.
$4,067 / month
for a single person, 14.7% less expensive than the national average A total of $48,800 for the year for a single person.

Limerick cost of living score
109.9
More expensive
9.9% higher
than the US average
13.3% higher
than the Maine average
Limerick (zip 04048), Maine gets a BestPlaces Cost of Living score of 109.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.9% higher than the U.S. average and 13.3% higher than the average for Maine.

Zip 04048 (Limerick, ME)

Housing costs in Limerick?
A typical home costs $332,500, which is 1.7% less expensive than the national average of $338,100 and 0.4% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Limerick costs $1,540 per month, which is 7.7% more than the national average of $1,430 and 18.8% more than the state average of $1,250.

Can I afford Limerick?
To live comfortably in Limerick (zip 04048), Maine, a minimum annual income of $63,720 for a family, and $48,800 for a single person is recommended.

What does A.I. say about Limerick?
The cost of living in 04048 Limerick, ME is relatively low when compared to other areas of the country. According to BestPlaces, the cost of living index is 81.87, which is 21.13% lower than the US average. The average cost of a one-bedroom apartment in Limerick is $942 per month while the average price for a three-bedroom apartment is just $1,113. Food and transportation costs are also relatively low with groceries costing 11.45% below the national average and public transport costing 34.03% below the national average. With its low cost of living and close proximity to Portland, Limerick has become an increasingly popular choice for those looking for an affordable place to live in Maine.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLimerickMaineUnited States
    Unlock97.0100.0
  106.7  Unlock100.0
    Unlock96.5100.0
  90.7  Unlock100.0
    Unlock$334,000$338,100
  107.7  Unlock100.0
    Unlock79.2100.0
  107.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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