Cost of Living in Oxford, ME

Population 4,286 · Maine · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Oxford is a smaller Maine community of around 4000 residents, where median household incomes of $54,730 and housing costs ($185,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 10.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Oxford lies roughly 95 miles northeast of the nearest major metro, Manchester — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 45% lower than Manchester's $336,000.

Cost Overview

Housing 61
Rent 97

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

About the Cost of Living in Oxford

The median home value in Oxford is $185,000 — 39% below the national median of $305,000. Median rent runs $1,281/month, 3% lower than the national median of $1,314/month. The median household income of $54,730/year is 27% lower than the US median of $74,580. The local unemployment rate is 10.8%, 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 55.2°F and lows of 36.2°F, with about 66.8" of annual snowfall. Overall, Oxford has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$185,000
39% below avg
Median Rent
$1,281/mo
3% below avg
Price-to-Rent Ratio
12.0x
Favors buying
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$830
1 BR
$835
2 BR
$1,096
3 BR
$1,435
4 BR
$1,840
Owner-occupied 86.9%
Renter-occupied 13.1%

💰 Estimated Monthly Budget

Rent median rent
$1,281
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,895/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.0%

Commute Mode

Drove alone
78.4%
Carpooled
5.4%
Walked
9.2%
Work from home
7.0%

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
$54,730
27% below avg
Per Capita Income
$31,181
Unemployment Rate
10.8%
125% above avg
Poverty Rate
9.6%
Labor Force Participation
53.5%

🎓 Education

Bachelor's degree+ 9.8%
Graduate degree 5.8%

👥 Demographics

Median Age 42.2
Male median age 34.9
Female median age 54.5

🌤 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

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
80.9%
Good air days/yr
83
Max AQI recorded
206
PM2.5 days
150
Ozone days

Frequently Asked Questions

What is the cost of living in Oxford, ME?

Oxford has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Oxford, ME?

The median gross rent in Oxford is $1,281 per month based on 2023 Census data.

What is the average home price in Oxford?

The median home value in Oxford is $185,000 according to 2023 Census ACS data.

What is the median income in Oxford?

The median household income in Oxford is $54,730 per year (2023 ACS 5-year estimates).

What is the sales tax in Oxford, ME?

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

Is Oxford, ME affordable?

Yes, Oxford is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

What is the weather like in Oxford?

Oxford 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.

Oxford at a Glance

Population
4,286
Median Income
$54,730
Home Value
$185,000
Median Rent
$1,281/mo
Unemployment
10.8%
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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