Housing costs in Springfield?
A typical home costs
$87,600, which is 74.1% less expensive than the national average of
$338,100 and 73.8% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Springfield costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 11.6% cheaper than the state average of
$1,250.
Can I afford Springfield?
To live comfortably in Springfield (zip 04487), Maine, a minimum annual income of
$16,920 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Springfield?
The cost of living in 04487 Springfield, ME is quite reasonable. The median home value is around $144,000 and the median household income is around $44,087. This allows for a comfortable standard of living for those who live in the area. In addition to lower housing costs, the overall cost of groceries and other necessities are also relatively low compared to other areas of Maine. Overall, 04487 Springfield provides a great environment to live in due to its reasonable cost of living.