Cost of Living in Belgrade, ME

Population 3,298 · Maine · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Belgrade is a smaller Maine community of around 3000 residents, where median household incomes of $86,021 and housing costs ($305,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 135 miles northeast of Manchester, Belgrade is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 9% lower than Manchester's $336,000.

Cost Overview

Housing 100
Rent 66

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

About the Cost of Living in Belgrade

The median home value in Belgrade is $304,600 — equal to the national median of $305,000. Median rent runs $868/month, 34% lower than the national median of $1,314/month. The median household income of $86,021/year is 15% higher than the US median of $74,580. The local unemployment rate is 3.9%, below 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, Belgrade has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$304,600
0% below avg
Median Rent
$868/mo
34% below avg
Price-to-Rent Ratio
29.2x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$895
1 BR
$901
2 BR
$1,160
3 BR
$1,454
4 BR
$1,739
Owner-occupied 92.2%
Renter-occupied 7.8%

💰 Estimated Monthly Budget

Rent median rent
$868
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,482/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
23.4 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.9%

Commute Mode

Drove alone
77.0%
Carpooled
5.0%
Work from home
17.9%

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
$86,021
15% above avg
Per Capita Income
$50,612
Unemployment Rate
3.9%
18% below avg
Poverty Rate
2.0%
Labor Force Participation
42.5%

🎓 Education

Bachelor's degree+ 19.5%
Graduate degree 26.2%

👥 Demographics

Median Age 48.2
Male median age 43.2
Female median age 51.7

🌤 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

Frequently Asked Questions

What is the cost of living in Belgrade, ME?

Belgrade has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Belgrade, ME?

The median gross rent in Belgrade is $868 per month based on 2023 Census data.

What is the average home price in Belgrade?

The median home value in Belgrade is $304,600 according to 2023 Census ACS data.

What is the median income in Belgrade?

The median household income in Belgrade is $86,021 per year (2023 ACS 5-year estimates).

What is the sales tax in Belgrade, ME?

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

Is Belgrade, ME affordable?

Yes, Belgrade is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Belgrade?

Belgrade 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.

Belgrade at a Glance

Population
3,298
Median Income
$86,021
Home Value
$304,600
Median Rent
$868/mo
Unemployment
3.9%
Avg High Temp
55.2°F
Sales Tax
5.5%
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🗺️ County data for Maine

Explore county-level cost of living data

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