Cost of Living in Casco, ME

Population 3,656 · Maine · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Casco is a smaller Maine community of around 4000 residents, where median household incomes of $64,229 and housing costs ($285,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Located 80 miles northeast of Manchester, Casco is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 15% lower than Manchester's $336,000.

Cost Overview

Housing 94
Rent 92

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

About the Cost of Living in Casco

The median home value in Casco is $285,200 — 6% below the national median of $305,000. Median rent runs $1,214/month, 8% lower than the national median of $1,314/month. The median household income of $64,229/year is 14% lower than the US median of $74,580. The local unemployment rate is 2.6%, 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 36.2°F, with about 66.8" of annual snowfall. Overall, Casco has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$285,200
6% below avg
Median Rent
$1,214/mo
8% below avg
Price-to-Rent Ratio
19.6x
Favors buying
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,379
1 BR
$1,563
2 BR
$2,011
3 BR
$2,464
4 BR
$2,763
Owner-occupied 92.0%
Renter-occupied 8.1%

💰 Estimated Monthly Budget

Rent median rent
$1,214
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,828/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
33.0 min
22% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.0%

Commute Mode

Drove alone
62.4%
Carpooled
13.5%
Walked
0.5%
Work from home
23.0%

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
$64,229
14% below avg
Per Capita Income
$43,343
Unemployment Rate
2.6%
46% below avg
Poverty Rate
9.9%
Labor Force Participation
54.2%

🎓 Education

Bachelor's degree+ 15.8%
Graduate degree 16.5%

👥 Demographics

Median Age 51.5
Male median age 46.1
Female median age 54.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
36.2°F
Annual Precip
50"
Annual Snowfall
66.8"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303341536473797870584737
Low °F 121424324453595850393020
Precip" 3.463.504.064.284.064.213.483.274.206.005.194.30
Snow" 19.313.618.73.30.00.00.00.00.00.21.99.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
72.9%
Good air days/yr
120
Max AQI recorded
175
PM2.5 days
179
Ozone days

Frequently Asked Questions

What is the cost of living in Casco, ME?

Casco has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Casco, ME?

The median gross rent in Casco is $1,214 per month based on 2023 Census data.

What is the average home price in Casco?

The median home value in Casco is $285,200 according to 2023 Census ACS data.

What is the median income in Casco?

The median household income in Casco is $64,229 per year (2023 ACS 5-year estimates).

What is the sales tax in Casco, ME?

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

Is Casco, ME affordable?

Casco is near the national average in terms of cost of living, with an index of 93 (100 = US average).

What is the weather like in Casco?

Casco has average high temperatures of 55.2°F and average lows of 36.2°F. Annual precipitation is 50". Average annual snowfall is 66.8". Data from NOAA 1991–2020 Climate Normals.

Casco at a Glance

Population
3,656
Median Income
$64,229
Home Value
$285,200
Median Rent
$1,214/mo
Unemployment
2.6%
Avg High Temp
55.2°F
Sales Tax
5.5%
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Explore county-level cost of living data

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