Cost of Living in Jay, ME

Population 4,644 · Maine · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Jay offers a notably favorable income-to-housing ratio for its region. The typical home — $163,000 — costs less than 2.1 times median household income of $77,575, a threshold many coastal markets passed a decade ago.

Located 125 miles northeast of Manchester, Jay is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 52% lower than Manchester's $336,000.

Cost Overview

Housing 53
Rent 55

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

About the Cost of Living in Jay

The median home value in Jay is $162,500 — 47% below the national median of $305,000. Median rent runs $723/month, 45% lower than the national median of $1,314/month. The median household income of $77,575/year is 4% higher than the US median of $74,580. The local unemployment rate is 5.3%, 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 37.0°F. Overall, Jay has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$162,500
47% below avg
Median Rent
$723/mo
45% below avg
Price-to-Rent Ratio
18.7x
Favors buying
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$765
1 BR
$851
2 BR
$1,116
3 BR
$1,474
4 BR
$1,480
Owner-occupied 85.4%
Renter-occupied 14.6%

💰 Estimated Monthly Budget

Rent median rent
$723
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,337/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
24.8 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.3%

Commute Mode

Drove alone
82.7%
Carpooled
9.1%
Walked
3.0%
Work from home
3.3%

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
$77,575
4% above avg
Per Capita Income
$38,201
Unemployment Rate
5.3%
10% above avg
Poverty Rate
7.7%
Labor Force Participation
58.3%

🎓 Education

Bachelor's degree+ 17.6%
Graduate degree 6.1%

👥 Demographics

Median Age 46.9
Male median age 44.8
Female median age 48.6

🌤 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 Jay, ME?

Jay has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Jay, ME?

The median gross rent in Jay is $723 per month based on 2023 Census data.

What is the average home price in Jay?

The median home value in Jay is $162,500 according to 2023 Census ACS data.

What is the median income in Jay?

The median household income in Jay is $77,575 per year (2023 ACS 5-year estimates).

What is the sales tax in Jay, ME?

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

Is Jay, ME affordable?

Yes, Jay is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

What is the weather like in Jay?

Jay 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.

Jay at a Glance

Population
4,644
Median Income
$77,575
Home Value
$162,500
Median Rent
$723/mo
Unemployment
5.3%
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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