Housing costs in Winthrop?
A typical home costs
$306,200, which is 9.4% less expensive than the national average of
$338,100 and 8.3% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Winthrop costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 27.6% cheaper than the state average of
$1,250.
Can I afford Winthrop?
To live comfortably in Winthrop (zip 04364), Maine, a minimum annual income of
$58,680 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Winthrop?
The cost of living in 04364 Winthrop, ME is quite affordable compared to other parts of the country. According to BestPlaces, the cost of living index is at 79.11, which is significantly lower than the US average of 100. In addition, housing costs are low with an average rent for a three bedroom apartment at $1,009 per month. Utilities and grocery prices are also lower than the national averages. The median home price is around $152,900, which is substantially lower than many places across the nation; making Winthrop an attractive location for those looking for an affordable place to live.