Housing costs in Phippsburg?
A typical home costs
$445,500, which is 31.8% more expensive than the national average of
$338,100 and 33.4% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Phippsburg costs
$1,160 per month, which is 18.9% cheaper than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,250.
Can I afford Phippsburg?
To live comfortably in Phippsburg (zip 04562), Maine, a minimum annual income of
$85,320 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Phippsburg?
The cost of living in 04562 Phippsburg, ME is quite reasonable compared to many other parts of the country. The median home value is around $210,000 but it varies depending on the size and location. Property taxes are also relatively low, with an effective tax rate of only 2%. The cost of basic groceries and everyday items is also very reasonable, making it a great place for those looking for a more affordable lifestyle. In addition, there are plenty of recreational activities to keep residents active and entertained, from fishing and boating to hiking trails and beaches along the coast. All in all, 04562 Phippsburg makes a great place to call home for those who want a peaceful coastal community at an affordable price.