Housing costs in Raymond?
A typical home costs
$466,000, which is 37.8% more expensive than the national average of
$338,100 and 39.5% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Raymond costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 23.8% more than the state average of
$1,250.
Can I afford Raymond?
To live comfortably in Raymond (zip 04071), Maine, a minimum annual income of
$89,280 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Raymond?
The cost of living in 04071 Raymond, ME is slightly higher than the national average. According to BestPlaces, the cost of living index is 108.4 which is 8.4% higher than the US average. This includes things like housing costs, healthcare expenses, transportation costs, and even groceries. The median home price in Raymond is $246,400 which is significantly more expensive than the national median home price of $214,200. Additionally, the cost of transportation can be quite high as there are limited public transportation options and most people rely on their own cars for commuting purposes. Groceries also tend to be a bit pricier than other parts of the country because of limited access to certain items. Overall, living in 04071 Raymond comes with a higher cost of living compared to most other parts of the US.