Cost of Living in Augusta, ME

Population 18,999 · Maine · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Augusta a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $189,000. At 7.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Augusta lies roughly 125 miles northeast of the nearest major metro, Manchester. Median home values run roughly 44% lower than Manchester's $336,000.

Cost Overview

Housing 62
Rent 68

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Augusta

The median home value in Augusta is $188,900 — 38% below the national median of $305,000. Median rent runs $887/month, 32% lower than the national median of $1,314/month. The median household income of $48,756/year is 35% lower than the US median of $74,580. The local unemployment rate is 7.1%, above the national average of 4.8%. Maine's top state income tax rate is 7.2% and the combined sales tax is 5.5%. The climate averages highs of 55.2°F and lows of 37.0°F. Overall, Augusta has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$188,900
38% below avg
Zillow Home Value
$267,101
Zillow ZHVI
Median Rent
$887/mo
32% below avg
Zillow Rent
$1,458/mo
Zillow ZORI
Price-to-Rent Ratio
17.7x
Favors buying
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$839
1 BR
$901
2 BR
$1,155
3 BR
$1,455
4 BR
$1,649
Owner-occupied 55.6%
Renter-occupied 44.4%

💰 Estimated Monthly Budget

Rent median rent
$887
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,501/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.0 min
33% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.0%

Commute Mode

Drove alone
69.1%
Carpooled
12.7%
Walked
3.3%
Work from home
14.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.2%
Total Sales Tax 5.5%
State rate 5.5%
Avg local rate 0.0%
Property Tax 1.4%

💼 Income & Employment

Median Household Income
$48,756
35% below avg
Per Capita Income
$34,778
Unemployment Rate
7.1%
47% above avg
Poverty Rate
19.4%
Labor Force Participation
57.7%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 10.0%

👥 Demographics

Median Age 44.1
Male median age 42.5
Female median age 44.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
37.0°F
Annual Precip
41.8"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 293241546674807971584635
Low °F 121423344554605951403020
Precip" 2.622.323.213.823.274.013.203.413.904.693.953.44

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
80.9%
Good air days/yr
92
Max AQI recorded
161
PM2.5 days
136
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

85.6%
4-Year Graduation Rate
12.9:1
Student-teacher ratio
10
Public schools
2,455
Total enrollment

Frequently Asked Questions

What is the cost of living in Augusta, ME?

Augusta has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Augusta, ME?

The median gross rent in Augusta is $887 per month based on 2023 Census data.

What is the average home price in Augusta?

The median home value in Augusta is $188,900 according to Zillow and Census data.

What is the median income in Augusta?

The median household income in Augusta is $48,756 per year (2023 ACS 5-year estimates).

What is the sales tax in Augusta, ME?

The combined state and local sales tax rate in Augusta is 5.5%. The Maine state income tax top rate is 7.2%.

Is Augusta, ME affordable?

Yes, Augusta is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Augusta?

Augusta has average high temperatures of 55.2°F and average lows of 37.0°F. Annual precipitation is 41.8". Data from NOAA 1991–2020 Climate Normals.

Augusta at a Glance

Population
18,999
Median Income
$48,756
Home Value
$188,900
Median Rent
$887/mo
Unemployment
7.1%
Avg High Temp
55.2°F
Sales Tax
5.5%
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