Zip 04901 (Waterville, ME) Cost of Living

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Waterville cost of living score
Less expensive
11.4% lower
than the US average
8.7% lower
than the Maine average
Waterville (zip 04901), Maine gets a BestPlaces Cost of Living score of 88.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.4% lower than the U.S. average and 8.7% higher than the average for Maine.

Zip 04901 (Waterville, ME)

Housing costs in Waterville?
A typical home costs $227,100, which is 32.8% less expensive than the national average of $338,100 and 32.0% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Waterville costs $920 per month, which is 26.4% cheaper than the national average of $1,250 and 5.4% cheaper than the state average of $970.

Can I afford Waterville?
To live comfortably in Waterville (zip 04901), Maine, a minimum annual income of $43,560 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Waterville?
The cost of living in 04901 Waterville, ME is generally quite affordable compared to the national average. According to the US Census Bureau, Waterville has an average housing cost of $241,800, which is significantly lower than the national median price of $304,900. The unemployment rate in the city is also below the national average at 3.4%, and the median household income sits at around $39,379. Furthermore, groceries and other everyday items are reasonably priced throughout Waterville’s many stores and restaurants. All in all, living in 04901 Waterville is a great choice for those looking for a safe and affordable place to live.
   Cost of living score
     CategoriesWatervilleMaineUnited States

   100=National Average

   Average Rent by Bedroom Size