Cost of Living in Old Town, ME
Population 7,439 · Maine · Data vintage 2023
(100 = US avg)
Old Town 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. An unemployment rate of 2.3% points to a labor market well on the tight side of the national distribution.
Geographically, Old Town lies roughly 190 miles northeast of the nearest major metro, Manchester. Median home values run roughly 46% lower than Manchester's $336,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Old Town
The median home value in Old Town is $183,200 — 40% below the national median of $305,000. Median rent runs $1,014/month, 23% lower than the national median of $1,314/month. The median household income of $49,329/year is 34% lower than the US median of $74,580. The local unemployment rate is 2.3%, 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 54.0°F and lows of 32.4°F. Overall, Old Town has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.
Old Town has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 27 | 31 | 39 | 52 | 65 | 73 | 79 | 78 | 70 | 57 | 44 | 34 |
| Low °F | 6 | 8 | 19 | 30 | 41 | 50 | 56 | 53 | 46 | 36 | 27 | 16 |
| Precip" | 3.66 | 2.98 | 3.78 | 3.68 | 3.47 | 4.19 | 3.45 | 3.15 | 3.67 | 4.27 | 3.99 | 4.15 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Old Town, ME?
Old Town has a cost index of 67 (100 = national average). It is 33% below the national average.
What is average rent in Old Town, ME?
The median gross rent in Old Town is $1,014 per month based on 2023 Census data.
What is the average home price in Old Town?
The median home value in Old Town is $183,200 according to Zillow and Census data.
What is the median income in Old Town?
The median household income in Old Town is $49,329 per year (2023 ACS 5-year estimates).
What is the sales tax in Old Town, ME?
The combined state and local sales tax rate in Old Town is 5.5%. The Maine state income tax top rate is 7.2%.
Is Old Town, ME affordable?
Yes, Old Town is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.
What is the weather like in Old Town?
Old Town has average high temperatures of 54.0°F and average lows of 32.4°F. Annual precipitation is 44.4". Data from NOAA 1991–2020 Climate Normals.
Old Town at a Glance
- Population
- 7,439
- Median Income
- $49,329
- Home Value
- $183,200
- Median Rent
- $1,014/mo
- Unemployment
- 2.3%
- Avg High Temp
- 54.0°F
- Sales Tax
- 5.5%
Explore county-level cost of living data
Maine Rankings
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