Cost of Living in Sidney, ME

Population 4,726 · Maine · Data vintage 2023

89
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 Sidney a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $275,000.

Geographically, Sidney lies roughly 130 miles northeast of the nearest major metro, Manchester. Median home values run roughly 18% lower than Manchester's $336,000.

Cost Overview

Housing 90
Rent 86

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

About the Cost of Living in Sidney

The median home value in Sidney is $274,900 — 10% below the national median of $305,000. Median rent runs $1,134/month, 14% lower than the national median of $1,314/month. The median household income of $81,250/year is 9% higher than the US median of $74,580. The local unemployment rate is 5.5%, 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 37.0°F. Overall, Sidney has a cost of living index of 89 versus the US average of 100, meaning it is 11% less expensive.

🏠 Housing

Median Home Value
$274,900
10% below avg
Median Rent
$1,134/mo
14% below avg
Price-to-Rent Ratio
20.2x
Favors renting
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$895
1 BR
$901
2 BR
$1,160
3 BR
$1,454
4 BR
$1,739
Owner-occupied 89.2%
Renter-occupied 10.8%

💰 Estimated Monthly Budget

Rent median rent
$1,134
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,748/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
23.4 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.1%

Commute Mode

Drove alone
81.2%
Carpooled
3.0%
Walked
0.4%
Work from home
15.1%

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
$81,250
9% above avg
Per Capita Income
$40,166
Unemployment Rate
5.5%
15% above avg
Poverty Rate
5.9%
Labor Force Participation
50.8%

🎓 Education

Bachelor's degree+ 17.4%
Graduate degree 16.0%

👥 Demographics

Median Age 39.7
Male median age 37.8
Female median age 42

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.2°F
Avg Low
37.0°F
Annual Precip
41.8"
10° 28° 45° 63° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 293241546674807971584635
Low °F 121423344554605951403020
Precip" 2.622.323.213.823.274.013.203.413.904.693.953.44

Frequently Asked Questions

What is the cost of living in Sidney, ME?

Sidney has a cost index of 89 (100 = national average). It is 11% below the national average.

What is average rent in Sidney, ME?

The median gross rent in Sidney is $1,134 per month based on 2023 Census data.

What is the average home price in Sidney?

The median home value in Sidney is $274,900 according to 2023 Census ACS data.

What is the median income in Sidney?

The median household income in Sidney is $81,250 per year (2023 ACS 5-year estimates).

What is the sales tax in Sidney, ME?

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

Is Sidney, ME affordable?

Yes, Sidney is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.

What is the weather like in Sidney?

Sidney has average high temperatures of 55.2°F and average lows of 37.0°F. Annual precipitation is 41.8". Data from NOAA 1991–2020 Climate Normals.

Sidney at a Glance

Population
4,726
Median Income
$81,250
Home Value
$274,900
Median Rent
$1,134/mo
Unemployment
5.5%
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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