Housing costs in Orono?
A typical home costs
$262,200, which is 22.4% less expensive than the national average of
$338,100 and 21.5% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Orono costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 35.9% cheaper than the state average of
$1,250.
Can I afford Orono?
To live comfortably in Orono (zip 04469), Maine, a minimum annual income of
$50,400 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Orono?
Living in 04469 Orono, ME is relatively affordable. The median home value is $226,255 and the median rent is $1,244 per month. Generally speaking, housing costs are lower than in other parts of Maine. Groceries are slightly more expensive here than in other parts of the state, but overall costs remain reasonable. In addition, utilities tend to be lower compared to many other areas of the country, making it a great place for families looking to keep their budget in check.