Cousins Island, ME offers a range of amenities for its residents, thanks to its coastal location in southern Maine. The two bedroom rent is significantly higher than the US average at $2,040, but the grocery cost index is much lower compared to the US at 114 vs 100. There are plenty of local businesses near Cousins Island like Palmer Marine Supply, Hawthorn Inn and Wescott Beach Bar & Grill that offer great services and attractions to locals and visitors alike. Residents of this small island can enjoy beautiful beaches with great swimming spots or take advantage of activities such as fishing or boat tours. \nThe cost of living in Cousins Island may be higher than other areas in Maine, however the quality of life is worth it. With its picturesque views and close proximity to larger cities like Portland with all its attractions, Cousins Island is an ideal place for those looking for a peaceful place to relax while still having access to metropolitan amenities.
Cousins Island has an unemployment rate of 4.5%. The US average is 6.0%.
Cousins Island has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Cousins Island
- The Sales Tax Rate for Cousins Island is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Cousins Island is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cousins Island
- The average income of a Cousins Island resident is $96,412 a year. The US average is $37,638 a year.
- The Median household income of a Cousins Island resident is $175,643 a year. The US average is $69,021 a year.