Cost of Living in Kennebunkport, ME

Population 3,666 · Maine · Data vintage 2023

180
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Kennebunkport sits 141% above the national median — $734,000 for the typical home — but median household incomes near $101,494 (36% above the US figure) soften the blow that similar pricing creates in lower-wage metros. Unemployment has stayed elevated relative to the national figure — 6.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Kennebunkport is about 55 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 118% higher than Manchester's $336,000.

Cost Overview

Housing 241
Rent 89

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

About the Cost of Living in Kennebunkport

The median home value in Kennebunkport is $734,400 — 141% above the national median of $305,000. Median rent runs $1,168/month, 11% lower than the national median of $1,314/month. The median household income of $101,494/year is 36% higher than the US median of $74,580. The local unemployment rate is 6.0%, 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 56.4°F and lows of 38.6°F, with about 68.7" of annual snowfall. Overall, Kennebunkport has a cost of living index of 180 versus the US average of 100, meaning it is 80% more expensive.

🏠 Housing

Median Home Value
$734,400
141% above avg
Median Rent
$1,168/mo
11% below avg
Price-to-Rent Ratio
52.4x
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 83.8%
Renter-occupied 16.2%

💰 Estimated Monthly Budget

Rent median rent
$1,168
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,782/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
29.1 min
8% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
28.6%

Commute Mode

Drove alone
64.0%
Carpooled
3.4%
Walked
1.5%
Bicycle
1.3%
Work from home
28.6%

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
$101,494
36% above avg
Per Capita Income
$82,068
Unemployment Rate
6.0%
25% above avg
Poverty Rate
5.4%
Labor Force Participation
53.0%

🎓 Education

Bachelor's degree+ 33.5%
Graduate degree 20.7%

👥 Demographics

Median Age 57
Male median age 60.9
Female median age 54.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.4°F
Avg Low
38.6°F
Annual Precip
48.1"
Annual Snowfall
68.7"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323542546474807971604838
Low °F 161726354655616052413222
Precip" 3.503.544.084.413.674.153.433.573.775.254.254.50
Snow" 18.616.613.62.80.00.00.00.00.00.22.314.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
92.7%
Good air days/yr
84
Max AQI recorded
0
PM2.5 days
328
Ozone days

Frequently Asked Questions

What is the cost of living in Kennebunkport, ME?

Kennebunkport has a cost index of 180 (100 = national average). It is 80% above the national average.

What is average rent in Kennebunkport, ME?

The median gross rent in Kennebunkport is $1,168 per month based on 2023 Census data.

What is the average home price in Kennebunkport?

The median home value in Kennebunkport is $734,400 according to 2023 Census ACS data.

What is the median income in Kennebunkport?

The median household income in Kennebunkport is $101,494 per year (2023 ACS 5-year estimates).

What is the sales tax in Kennebunkport, ME?

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

Is Kennebunkport, ME affordable?

Kennebunkport is above average in cost of living, with an index of 180 — about 80% higher than the national average.

What is the weather like in Kennebunkport?

Kennebunkport has average high temperatures of 56.4°F and average lows of 38.6°F. Annual precipitation is 48.1". Average annual snowfall is 68.7". Data from NOAA 1991–2020 Climate Normals.

Kennebunkport at a Glance

Population
3,666
Median Income
$101,494
Home Value
$734,400
Median Rent
$1,168/mo
Unemployment
6.0%
Avg High Temp
56.4°F
Sales Tax
5.5%
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