Cost of Living in Zip 04863 (Vinalhaven, ME)

The cost of living in 04863 Vinalhaven, ME is quite high compared to other parts of the country. Housing prices tend to be higher than average, with the median home value sitting at around $290,000 for a two-bedroom house. The cost of food and utilities is also elevated due to limited access to resources since it is an island community. However, the median household income in this area is about $50,000 per year thanks to jobs related to the fishing industry and other local businesses. Despite the high cost of living here, many people are still drawn to this area due to its unique location and way of life.

Our cost of living indices are based on a US average of 100. An amount below 100 means Vinalhaven (zip 04863) is cheaper than the US average. A cost of living index above 100 means Vinalhaven (zip 04863), Maine is more expensive.

Vinalhaven (zip 04863) cost of living is 98.1