Cost of Living in Oak Hill, ME

Population 5,365 · Maine · Data vintage 2023

129
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 Oak Hill a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $405,000. An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

Oak Hill is about 70 miles northeast 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 20% higher than Manchester's $336,000.

Cost Overview

Housing 133
Rent 123

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

About the Cost of Living in Oak Hill

The median home value in Oak Hill is $404,600 — 33% above the national median of $305,000. Median rent runs $1,618/month, 23% higher than the national median of $1,314/month. The median household income of $92,967/year is 25% higher than the US median of $74,580. The local unemployment rate is 1.4%, 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 56.4°F and lows of 38.6°F, with about 68.7" of annual snowfall. Overall, Oak Hill has a cost of living index of 129 versus the US average of 100, meaning it is 29% more expensive.

🏠 Housing

Median Home Value
$404,600
33% above avg
Median Rent
$1,618/mo
23% above avg
Price-to-Rent Ratio
20.8x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$839
1 BR
$901
2 BR
$1,155
3 BR
$1,455
4 BR
$1,649
Owner-occupied 73.3%
Renter-occupied 26.7%

💰 Estimated Monthly Budget

Rent median rent
$1,618
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,232/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
18.5 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.6%

Commute Mode

Drove alone
74.5%
Carpooled
6.7%
Walked
2.0%
Work from home
14.6%

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
$92,967
25% above avg
Per Capita Income
$49,200
Unemployment Rate
1.4%
70% below avg
Poverty Rate
3.3%
Labor Force Participation
62.3%

🎓 Education

Bachelor's degree+ 35.5%
Graduate degree 12.4%

👥 Demographics

Median Age 48.9
Male median age 45.6
Female median age 51.6

🌤 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 40 — Good
72.9%
Good air days/yr
120
Max AQI recorded
175
PM2.5 days
179
Ozone days

Frequently Asked Questions

What is the cost of living in Oak Hill, ME?

Oak Hill has a cost index of 129 (100 = national average). It is 29% above the national average.

What is average rent in Oak Hill, ME?

The median gross rent in Oak Hill is $1,618 per month based on 2023 Census data.

What is the average home price in Oak Hill?

The median home value in Oak Hill is $404,600 according to 2023 Census ACS data.

What is the median income in Oak Hill?

The median household income in Oak Hill is $92,967 per year (2023 ACS 5-year estimates).

What is the sales tax in Oak Hill, ME?

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

Is Oak Hill, ME affordable?

Oak Hill is above average in cost of living, with an index of 129 — about 29% higher than the national average.

What is the weather like in Oak Hill?

Oak Hill 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.

Oak Hill at a Glance

Population
5,365
Median Income
$92,967
Home Value
$404,600
Median Rent
$1,618/mo
Unemployment
1.4%
Avg High Temp
56.4°F
Sales Tax
5.5%
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🗺️ County data for Maine

Explore county-level cost of living data

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