Cost of Living in Presque Isle, ME

Population 8,736 · Maine · Data vintage 2023

55
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Presque Isle 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.

Cost Overview

Housing 47
Rent 67

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

About the Cost of Living in Presque Isle

The median home value in Presque Isle is $142,400 — 53% below the national median of $305,000. Median rent runs $875/month, 33% lower than the national median of $1,314/month. The median household income of $57,396/year is 23% lower than the US median of $74,580. The local unemployment rate is 3.5%, 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 50.2°F and lows of 31.2°F, with about 118.2" of annual snowfall. Overall, Presque Isle has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

🏠 Housing

Median Home Value
$142,400
53% below avg
Zillow Home Value
$340,680
Zillow ZHVI
Median Rent
$875/mo
33% below avg
Price-to-Rent Ratio
13.6x
Favors buying
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 57.3%
Renter-occupied 42.7%

💰 Estimated Monthly Budget

Rent median rent
$875
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,489/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
15.4 min
43% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.1%

Commute Mode

Drove alone
82.6%
Carpooled
2.4%
Walked
3.0%
Work from home
9.1%

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
$57,396
23% below avg
Per Capita Income
$31,550
Unemployment Rate
3.5%
28% below avg
Poverty Rate
15.6%
Labor Force Participation
60.1%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 10.6%

👥 Demographics

Median Age 42
Male median age 41.4
Female median age 43.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
50.2°F
Avg Low
31.2°F
Annual Precip
40.7"
Annual Snowfall
118.2"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 212434486372777667534028
Low °F 3416294151565446362612
Precip" 2.952.422.772.993.463.894.233.613.443.993.353.60
Snow" 25.025.321.48.30.80.00.00.00.11.710.425.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
75.9%
Good air days/yr
142
Max AQI recorded
222
PM2.5 days
128
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
14:1
Student-teacher ratio
6
Public schools
1,756
Total enrollment

Frequently Asked Questions

What is the cost of living in Presque Isle, ME?

Presque Isle has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in Presque Isle, ME?

The median gross rent in Presque Isle is $875 per month based on 2023 Census data.

What is the average home price in Presque Isle?

The median home value in Presque Isle is $142,400 according to Zillow and Census data.

What is the median income in Presque Isle?

The median household income in Presque Isle is $57,396 per year (2023 ACS 5-year estimates).

What is the sales tax in Presque Isle, ME?

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

Is Presque Isle, ME affordable?

Yes, Presque Isle is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.

What is the weather like in Presque Isle?

Presque Isle has average high temperatures of 50.2°F and average lows of 31.2°F. Annual precipitation is 40.7". Average annual snowfall is 118.2". Data from NOAA 1991–2020 Climate Normals.

Presque Isle at a Glance

Population
8,736
Median Income
$57,396
Home Value
$142,400
Median Rent
$875/mo
Unemployment
3.5%
Avg High Temp
50.2°F
Sales Tax
5.5%
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