Housing costs in North Monmouth?
A typical home costs
$267,700, which is 20.8% less expensive than the national average of
$338,100 and 19.9% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in North Monmouth costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 30.2% cheaper than the state average of
$1,250.
Can I afford North Monmouth?
To live comfortably in North Monmouth (zip 04265), Maine, a minimum annual income of
$51,120 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about North Monmouth?
The cost of living in 04265 North Monmouth, ME is relatively affordable. Residents here typically pay an average of $866 each month in rent or mortgage payments, which is slightly lower than the national average. The median home value in this area is also around $164,000, which is much lower than the national median. Food and transportation costs are also quite reasonable here; groceries are usually less expensive than in other parts of the country and a tank of gas can often be purchased for just a few dollars. Overall, North Monmouth offers a great quality of life for those looking to live in Maine without breaking the bank.