Cost of Living in Topsham, ME

Population 6,962 · Maine · Data vintage 2023

104
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Topsham 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.

Geographically, Topsham lies roughly 100 miles northeast of the nearest major metro, Manchester. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 112
Rent 92

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

About the Cost of Living in Topsham

The median home value in Topsham is $341,800 — 12% above the national median of $305,000. Median rent runs $1,211/month, 8% lower than the national median of $1,314/month. The median household income of $80,545/year is 8% higher than the US median of $74,580. The local unemployment rate is 4.9%, 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, Topsham has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$341,800
12% above avg
Zillow Home Value
$452,254
Zillow ZHVI
Median Rent
$1,211/mo
8% below avg
Price-to-Rent Ratio
23.5x
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 74.1%
Renter-occupied 25.9%

💰 Estimated Monthly Budget

Rent median rent
$1,211
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,825/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
23.8 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.5%

Commute Mode

Drove alone
71.8%
Carpooled
12.1%
Walked
1.1%
Bicycle
1.0%
Work from home
11.5%

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
$80,545
8% above avg
Per Capita Income
$51,164
Unemployment Rate
4.9%
1% above avg
Poverty Rate
8.5%
Labor Force Participation
63.9%

🎓 Education

Bachelor's degree+ 24.3%
Graduate degree 22.0%

👥 Demographics

Median Age 46.3
Male median age 41.9
Female median age 48.7

🌤 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 39 — Good
92.8%
Good air days/yr
100
Max AQI recorded
0
PM2.5 days
208
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
11.8:1
Student-teacher ratio
7
Public schools
2,452
Total enrollment

Frequently Asked Questions

What is the cost of living in Topsham, ME?

Topsham has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Topsham, ME?

The median gross rent in Topsham is $1,211 per month based on 2023 Census data.

What is the average home price in Topsham?

The median home value in Topsham is $341,800 according to Zillow and Census data.

What is the median income in Topsham?

The median household income in Topsham is $80,545 per year (2023 ACS 5-year estimates).

What is the sales tax in Topsham, ME?

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

Is Topsham, ME affordable?

Topsham is near the national average in terms of cost of living, with an index of 104 (100 = US average).

What is the weather like in Topsham?

Topsham 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.

Topsham at a Glance

Population
6,962
Median Income
$80,545
Home Value
$341,800
Median Rent
$1,211/mo
Unemployment
4.9%
Avg High Temp
55.2°F
Sales Tax
5.5%
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