Zip 04086 (Topsham, ME) Cost of Living

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Topsham cost of living score
Less expensive
5.2% lower
than the US average
2.3% lower
than the Maine average
Topsham (zip 04086), Maine gets a BestPlaces Cost of Living score of 94.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.2% lower than the U.S. average and 2.3% higher than the average for Maine.

Zip 04086 (Topsham, ME)

Housing costs in Topsham?
A typical home costs $370,200, which is 9.5% more expensive than the national average of $338,100 and 10.8% more expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Topsham costs $1,350 per month, which is 5.6% cheaper than the national average of $1,430 and 7.4% more than the state average of $1,250.

Can I afford Topsham?
To live comfortably in Topsham (zip 04086), Maine, a minimum annual income of $70,920 for a family, and $44,400 for a single person is recommended.

What does A.I. say about Topsham?
The cost of living in 04086 Topsham, ME is relatively expensive compared to other parts of the country. The median home value in Topsham is well over $200,000, making it one of the highest in the state. The median household income for Topsham is around $60,000 per year and the unemployment rate is low at only 3.9%. While there are some cheaper parts of town to live in, overall the area is quite expensive and not suitable for those on a limited budget. Additionally, taxes are high and the sales tax rate of 5.5% adds onto the cost of everyday living expenses.
   Cost of living score
     CategoriesTopshamMaineUnited States

   100=National Average

   Average Rent by Bedroom Size