Zip 04085 (Steep Falls, ME) Cost of Living


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Steep Falls cost of living score
112.5
More expensive
12.5% higher
than the US average
16.0% higher
than the Maine average
Steep Falls (zip 04085), Maine gets a BestPlaces Cost of Living score of 112.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.5% higher than the U.S. average and 16.0% higher than the average for Maine.

Zip 04085 (Steep Falls, ME)

Housing costs in Steep Falls?
A typical home costs $361,800, which is 7.0% more expensive than the national average of $338,100 and 8.3% more expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Steep Falls 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 Steep Falls?
To live comfortably in Steep Falls (zip 04085), Maine, a minimum annual income of $69,480 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Steep Falls?
The cost of living in 04085 Steep Falls, ME is slightly higher than the national average. The estimated median home value here is $227,000 which is higher than the national median of $184,700. The median household income for 04085 Steep Falls, ME is around $51,941 per year compared to the national average of $55,322. Groceries are also a bit more expensive with an index score of 104.7 compared to the overall U.S. average of 100. With all this taken into consideration, living in 04085 Steep Falls, ME can still be considered affordable and a great place to call home!
   Cost of living score
     CategoriesSteep FallsMaineUnited States
  112.597.0100.0
  108.1107.1100
  90.596.5100.0
  109.5103.4100.0
  $361,800$334,000$338,100
  107.1%103.6%100.0%
  82.579.2100.0
  113.892.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime