Cost of Living in Limerick, ME

Population 3,315 · Maine · Data vintage 2023

87
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 Limerick 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. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Limerick is about 60 miles northeast of Manchester, the nearest large metro. Median home values run roughly 21% lower than Manchester's $336,000.

Cost Overview

Housing 87
Rent 88

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

About the Cost of Living in Limerick

The median home value in Limerick is $264,200 — 13% below the national median of $305,000. Median rent runs $1,153/month, 12% lower than the national median of $1,314/month. The median household income of $90,125/year is 21% higher than the US median of $74,580. The local unemployment rate is 6.3%, 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 57.8°F and lows of 37.6°F. Overall, Limerick has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.

🏠 Housing

Median Home Value
$264,200
13% below avg
Median Rent
$1,153/mo
12% below avg
Price-to-Rent Ratio
19.1x
Favors buying
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 93.2%
Renter-occupied 6.8%

💰 Estimated Monthly Budget

Rent median rent
$1,153
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,767/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
36.3 min
34% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
72.8%
Carpooled
15.7%
Public transit
0.2%
Walked
0.5%
Work from home
10.8%

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
$90,125
21% above avg
Per Capita Income
$34,415
Unemployment Rate
6.3%
32% above avg
Poverty Rate
4.0%
Labor Force Participation
56.2%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 6.2%

👥 Demographics

Median Age 37.5
Male median age 35.9
Female median age 39

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.8°F
Avg Low
37.6°F
Annual Precip
41.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 333544576777828173604837
Low °F 151725354554605850393122
Precip" 2.532.223.723.673.523.863.523.173.434.393.893.30

Frequently Asked Questions

What is the cost of living in Limerick, ME?

Limerick has a cost index of 87 (100 = national average). It is 13% below the national average.

What is average rent in Limerick, ME?

The median gross rent in Limerick is $1,153 per month based on 2023 Census data.

What is the average home price in Limerick?

The median home value in Limerick is $264,200 according to 2023 Census ACS data.

What is the median income in Limerick?

The median household income in Limerick is $90,125 per year (2023 ACS 5-year estimates).

What is the sales tax in Limerick, ME?

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

Is Limerick, ME affordable?

Yes, Limerick is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.

What is the weather like in Limerick?

Limerick has average high temperatures of 57.8°F and average lows of 37.6°F. Annual precipitation is 41.2". Data from NOAA 1991–2020 Climate Normals.

Limerick at a Glance

Population
3,315
Median Income
$90,125
Home Value
$264,200
Median Rent
$1,153/mo
Unemployment
6.3%
Avg High Temp
57.8°F
Sales Tax
5.5%
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Explore county-level cost of living data

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