Housing costs in Parsonsfield?
A typical home costs
$320,600, which is 5.2% less expensive than the national average of
$338,100 and 4.0% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Parsonsfield costs
$1,250 per month, which is 12.6% cheaper than the national average of
$1,430 and close to the state average of
$1,250.
Can I afford Parsonsfield?
To live comfortably in Parsonsfield (zip 04047), Maine, a minimum annual income of
$61,560 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Parsonsfield?
The cost of living in 04047 Parsonsfield, ME is relatively low compared to other areas in the United States. The median household income is about $51,000, which is lower than the national average of $60,000. Housing costs are also lower than the national average at a median home value of $202,000 and a median rent of $800. Additionally, utilities and groceries tend to be cheaper than in other parts of the country. This makes Parsonsfield an affordable place to live for individuals and families on a budget.