Zip 04087 (Waterboro, ME) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Waterboro, Maine?
$5,730 / month
for a family, 6.1% more expensive than the national average A total of $68,760 for the year for a family.
$4,833 / month
for a single person, 1.4% more expensive than the national average A total of $58,000 for the year for a single person.

Waterboro cost of living score
109.9
More expensive
9.9% higher
than the US average
13.3% higher
than the Maine average
Waterboro (zip 04087), Maine gets a BestPlaces Cost of Living score of 109.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.9% higher than the U.S. average and 13.3% higher than the average for Maine.

Zip 04087 (Waterboro, ME)

Housing costs in Waterboro?
A typical home costs $358,000, which is 5.9% more expensive than the national average of $338,100 and 7.2% more expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Waterboro costs $1,830 per month, which is 28.0% more than the national average of $1,430 and 31.7% more than the state average of $1,250.

Can I afford Waterboro?
To live comfortably in Waterboro (zip 04087), Maine, a minimum annual income of $68,760 for a family, and $58,000 for a single person is recommended.

What does A.I. say about Waterboro?
The cost of living in 04087 Waterboro, ME is relatively low compared to other parts of the country. According to data collected by the BestPlaces Bureau, the median home value in this area is around $182,400 which is much lower than the national average of approximately $231,000. Additionally, rent costs are also substantially lower than most other places in the US with a median rate of about $1,020 per month for a two bedroom apartment. Food prices are also reasonable with a basic grocery list costing an average of $50-$60 and meal prices ranging from fast food to more expensive restaurants both being available at competitive rates. In general, it can be said that living expenses in 04087 Waterboro, ME are quite affordable compared to other locations throughout the US.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaterboroMaineUnited States
    Unlock97.0100.0
  108.1  Unlock100.0
    Unlock96.5100.0
  105.5  Unlock100.0
    Unlock$334,000$338,100
  105.9  Unlock100.0
    Unlock79.2100.0
  107.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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