Cost of Living in Holden, ME

Population 3,326 · 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

Under 25,000 residents gives Holden a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $264,000.

Geographically, Holden lies roughly 185 miles northeast of the nearest major metro, Manchester. Median home values run roughly 22% lower than Manchester's $336,000.

Cost Overview

Housing 86

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

About the Cost of Living in Holden

The median home value in Holden is $263,600 — 14% below the national median of $305,000. The median household income of $92,109/year is 24% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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 34.8°F, with about 74.6" of annual snowfall. Overall, Holden has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$263,600
14% below avg
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$839
1 BR
$880
2 BR
$1,155
3 BR
$1,455
4 BR
$1,723
Owner-occupied 95.2%
Renter-occupied 4.8%

🛒 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
28.5 min
6% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.2%

Commute Mode

Drove alone
83.7%
Carpooled
0.7%
Work from home
12.2%

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
$92,109
24% above avg
Per Capita Income
$62,314
Unemployment Rate
4.5%
7% below avg
Poverty Rate
3.5%
Labor Force Participation
55.8%

🎓 Education

Bachelor's degree+ 28.2%
Graduate degree 13.2%

👥 Demographics

Median Age 49
Male median age 44.5
Female median age 56.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
34.8°F
Annual Precip
41.7"
Annual Snowfall
74.6"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 283140536675807971584635
Low °F 91121324353595749382917
Precip" 3.172.383.223.613.343.873.163.063.764.583.843.72
Snow" 18.617.515.23.70.00.00.00.00.00.64.314.7

Frequently Asked Questions

What is the cost of living in Holden, ME?

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

What is the average home price in Holden?

The median home value in Holden is $263,600 according to 2023 Census ACS data.

What is the median income in Holden?

The median household income in Holden is $92,109 per year (2023 ACS 5-year estimates).

What is the sales tax in Holden, ME?

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

Is Holden, ME affordable?

Yes, Holden 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 Holden?

Holden has average high temperatures of 55.2°F and average lows of 34.8°F. Annual precipitation is 41.7". Average annual snowfall is 74.6". Data from NOAA 1991–2020 Climate Normals.

Holden at a Glance

Population
3,326
Median Income
$92,109
Home Value
$263,600
Unemployment
4.5%
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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