Housing costs in Newfield?
A typical home costs
$221,400, which is 34.5% less expensive than the national average of
$338,100 and 33.7% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Newfield costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and close to the state average of
$1,250.
Can I afford Newfield?
To live comfortably in Newfield (zip 04056), Maine, a minimum annual income of
$42,480 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Newfield?
The cost of living in 04056 Newfield, ME is quite affordable. According to BestPlaces's Cost of Living Plus Rent Index, the city has an index score of 74.2, which is lower than the national average of 100. This makes it a great place to live if you are looking for an affordable place to call home. Property taxes in the area are also quite low when compared to other nearby cities, making it even more desirable for those on a budget. Additionally, food and grocery prices here are reasonable and there are plenty of restaurants and stores to choose from in the area. All in all, 04056 Newfield is a great place to live for those who want an affordable cost of living without sacrificing amenities or quality of life.