Cost of Living in Freeport, ME

Population 8,736 · Maine · Data vintage 2023

131
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Freeport is a smaller Maine community of around 9000 residents, where median household incomes of $108,864 and housing costs ($446,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Freeport lies roughly 90 miles northeast of the nearest major metro, Manchester — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 33% higher than Manchester's $336,000.

Cost Overview

Housing 146
Rent 109

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

About the Cost of Living in Freeport

The median home value in Freeport is $445,800 — 46% above the national median of $305,000. Median rent runs $1,436/month, 9% higher than the national median of $1,314/month. The median household income of $108,864/year is 46% higher than the US median of $74,580. The local unemployment rate is 5.8%, 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 36.2°F, with about 66.8" of annual snowfall. Overall, Freeport has a cost of living index of 131 versus the US average of 100, meaning it is 31% more expensive.

🏠 Housing

Median Home Value
$445,800
46% above avg
Median Rent
$1,436/mo
9% above avg
Price-to-Rent Ratio
25.9x
Favors renting
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 76.7%
Renter-occupied 23.3%

💰 Estimated Monthly Budget

Rent median rent
$1,436
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,050/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
23.7 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.5%

Commute Mode

Drove alone
65.9%
Carpooled
10.3%
Public transit
0.8%
Walked
4.0%
Bicycle
0.5%
Work from home
17.5%

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
$108,864
46% above avg
Per Capita Income
$55,353
Unemployment Rate
5.8%
21% above avg
Poverty Rate
7.0%
Labor Force Participation
51.5%

🎓 Education

Bachelor's degree+ 31.6%
Graduate degree 25.2%

👥 Demographics

Median Age 45.4
Male median age 43.5
Female median age 50.5

🌤 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

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
12:1
Student-teacher ratio
6
Public schools
2,014
Total enrollment

Frequently Asked Questions

What is the cost of living in Freeport, ME?

Freeport has a cost index of 131 (100 = national average). It is 31% above the national average.

What is average rent in Freeport, ME?

The median gross rent in Freeport is $1,436 per month based on 2023 Census data.

What is the average home price in Freeport?

The median home value in Freeport is $445,800 according to 2023 Census ACS data.

What is the median income in Freeport?

The median household income in Freeport is $108,864 per year (2023 ACS 5-year estimates).

What is the sales tax in Freeport, ME?

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

Is Freeport, ME affordable?

Freeport is above average in cost of living, with an index of 131 — about 31% higher than the national average.

What is the weather like in Freeport?

Freeport 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.

Freeport at a Glance

Population
8,736
Median Income
$108,864
Home Value
$445,800
Median Rent
$1,436/mo
Unemployment
5.8%
Avg High Temp
55.2°F
Sales Tax
5.5%
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