Cost of Living in New Gloucester, ME

Population 5,733 · Maine · Data vintage 2023

101
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

New Gloucester sits on the smaller end of the Maine city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 90 miles northeast of Manchester, New Gloucester is far enough out that local conditions diverge meaningfully from the big-metro baseline. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 104
Rent 97

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

About the Cost of Living in New Gloucester

The median home value in New Gloucester is $316,800 — 4% above the national median of $305,000. Median rent runs $1,270/month, 3% lower than the national median of $1,314/month. The median household income of $107,781/year is 45% higher than the US median of $74,580. The local unemployment rate is 3.9%, 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 36.2°F, with about 66.8" of annual snowfall. Overall, New Gloucester has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$316,800
4% above avg
Median Rent
$1,270/mo
3% below avg
Price-to-Rent Ratio
20.8x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,379
1 BR
$1,563
2 BR
$2,011
3 BR
$2,464
4 BR
$2,763
Owner-occupied 88.3%
Renter-occupied 11.7%

💰 Estimated Monthly Budget

Rent median rent
$1,270
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,884/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
28.1 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.3%

Commute Mode

Drove alone
71.8%
Carpooled
11.7%
Walked
2.8%
Work from home
13.3%

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
$107,781
45% above avg
Per Capita Income
$44,901
Unemployment Rate
3.9%
19% below avg
Poverty Rate
1.9%
Labor Force Participation
59.0%

🎓 Education

Bachelor's degree+ 21.4%
Graduate degree 11.3%

👥 Demographics

Median Age 44.3
Male median age 42.9
Female median age 45.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
36.2°F
Annual Precip
50"
Annual Snowfall
66.8"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303341536473797870584737
Low °F 121424324453595850393020
Precip" 3.463.504.064.284.064.213.483.274.206.005.194.30
Snow" 19.313.618.73.30.00.00.00.00.00.21.99.8

Frequently Asked Questions

What is the cost of living in New Gloucester, ME?

New Gloucester has a cost index of 101 (100 = national average). It is 1% above the national average.

What is average rent in New Gloucester, ME?

The median gross rent in New Gloucester is $1,270 per month based on 2023 Census data.

What is the average home price in New Gloucester?

The median home value in New Gloucester is $316,800 according to 2023 Census ACS data.

What is the median income in New Gloucester?

The median household income in New Gloucester is $107,781 per year (2023 ACS 5-year estimates).

What is the sales tax in New Gloucester, ME?

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

Is New Gloucester, ME affordable?

New Gloucester is near the national average in terms of cost of living, with an index of 101 (100 = US average).

What is the weather like in New Gloucester?

New Gloucester has average high temperatures of 55.2°F and average lows of 36.2°F. Annual precipitation is 50". Average annual snowfall is 66.8". Data from NOAA 1991–2020 Climate Normals.

New Gloucester at a Glance

Population
5,733
Median Income
$107,781
Home Value
$316,800
Median Rent
$1,270/mo
Unemployment
3.9%
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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