Cost of Living in Lyman, ME

Population 4,567 · Maine · Data vintage 2023

98
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 Lyman a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $337,000.

Lyman is about 55 miles northeast of Manchester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 110
Rent 81

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

About the Cost of Living in Lyman

The median home value in Lyman is $336,800 — 10% above the national median of $305,000. Median rent runs $1,058/month, 19% lower than the national median of $1,314/month. The median household income of $80,365/year is 8% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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 57.8°F and lows of 37.6°F. Overall, Lyman has a cost of living index of 98 versus the US average of 100, meaning it is 2% less expensive.

🏠 Housing

Median Home Value
$336,800
10% above avg
Median Rent
$1,058/mo
19% below avg
Price-to-Rent Ratio
26.5x
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 95.8%
Renter-occupied 4.2%

💰 Estimated Monthly Budget

Rent median rent
$1,058
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,672/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
29.0 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.4%

Commute Mode

Drove alone
76.8%
Carpooled
2.2%
Public transit
1.6%
Walked
1.9%
Work from home
17.4%

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
$80,365
8% above avg
Per Capita Income
$45,369
Unemployment Rate
3.4%
30% below avg
Poverty Rate
6.8%
Labor Force Participation
52.8%

🎓 Education

Bachelor's degree+ 12.6%
Graduate degree 10.3%

👥 Demographics

Median Age 52.3
Male median age 52.1
Female median age 52.5

🌤 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 Lyman, ME?

Lyman has a cost index of 98 (100 = national average). It is 2% below the national average.

What is average rent in Lyman, ME?

The median gross rent in Lyman is $1,058 per month based on 2023 Census data.

What is the average home price in Lyman?

The median home value in Lyman is $336,800 according to 2023 Census ACS data.

What is the median income in Lyman?

The median household income in Lyman is $80,365 per year (2023 ACS 5-year estimates).

What is the sales tax in Lyman, ME?

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

Is Lyman, ME affordable?

Lyman is near the national average in terms of cost of living, with an index of 98 (100 = US average).

What is the weather like in Lyman?

Lyman 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.

Lyman at a Glance

Population
4,567
Median Income
$80,365
Home Value
$336,800
Median Rent
$1,058/mo
Unemployment
3.4%
Avg High Temp
57.8°F
Sales Tax
5.5%
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🗺️ County data for Maine

Explore county-level cost of living data

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