Damariscotta CDP, ME Economy

Damariscotta CDP, ME is a small community located in Lincoln County. It has a population of 1,885 people and is known for its vibrant local businesses. Residents of Damariscotta CDP can benefit from the low rent costs; two bedroom rent averages around $1,430 per month compared to the US average of $2,046. Additionally, grocery costs in Damariscotta are comparatively lower than other areas. The Grocery Cost Index for Damariscotta CDP is 100 versus the US Grocery Cost Index of 116.
The city offers a variety of amenities and services to its residents including access to popular local businesses such as Damariscotta Hardware, Round Top Ice Cream Stand, Treats!, Starbucks, and Nobleboro Antique Exchange. There is also an ample amount of transportation available with two bus routes that service the city as well as taxi services like Mid Coast Cab Company and Coastal Cab Services Inc., both offering reasonably priced rides throughout the area.