Cost of Living in Eliot, ME

Population 6,978 · Maine · Data vintage 2023

147
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 Eliot a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $465,000.

Eliot is about 35 miles east of Manchester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% higher than Manchester's $336,000.

Cost Overview

Housing 152
Rent 140

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

About the Cost of Living in Eliot

The median home value in Eliot is $465,100 — 52% above the national median of $305,000. Median rent runs $1,837/month, 40% higher than the national median of $1,314/month. The median household income of $100,472/year is 35% 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 57.1°F and lows of 37.0°F. Overall, Eliot has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.

🏠 Housing

Median Home Value
$465,100
52% above avg
Median Rent
$1,837/mo
40% above avg
Price-to-Rent Ratio
21.1x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,352
1 BR
$1,528
2 BR
$1,971
3 BR
$2,552
4 BR
$3,310
Owner-occupied 82.6%
Renter-occupied 17.4%

💰 Estimated Monthly Budget

Rent median rent
$1,837
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,451/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
21.3 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.7%

Commute Mode

Drove alone
77.5%
Carpooled
3.0%
Public transit
0.2%
Walked
1.4%
Work from home
16.7%

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
$100,472
35% above avg
Per Capita Income
$51,568
Unemployment Rate
3.9%
18% below avg
Poverty Rate
4.3%
Labor Force Participation
59.9%

🎓 Education

Bachelor's degree+ 25.4%
Graduate degree 16.1%

👥 Demographics

Median Age 49.4
Male median age 49
Female median age 49.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.1°F
Avg Low
37.0°F
Annual Precip
47.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323643556675818072604838
Low °F 151625344453595750393022
Precip" 3.383.524.394.203.804.283.763.433.864.793.954.47

Frequently Asked Questions

What is the cost of living in Eliot, ME?

Eliot has a cost index of 147 (100 = national average). It is 47% above the national average.

What is average rent in Eliot, ME?

The median gross rent in Eliot is $1,837 per month based on 2023 Census data.

What is the average home price in Eliot?

The median home value in Eliot is $465,100 according to 2023 Census ACS data.

What is the median income in Eliot?

The median household income in Eliot is $100,472 per year (2023 ACS 5-year estimates).

What is the sales tax in Eliot, ME?

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

Is Eliot, ME affordable?

Eliot is above average in cost of living, with an index of 147 — about 47% higher than the national average.

What is the weather like in Eliot?

Eliot has average high temperatures of 57.1°F and average lows of 37.0°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Eliot at a Glance

Population
6,978
Median Income
$100,472
Home Value
$465,100
Median Rent
$1,837/mo
Unemployment
3.9%
Avg High Temp
57.1°F
Sales Tax
5.5%
View all cities in Maine →
🗺️ County data for Maine

Explore county-level cost of living data

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