Cost of Living in Warren, ME

Population 4,893 · 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

Housing costs in Warren stay well under national norms: a median home value of $216,000 against median household incomes of $77,321 gives the city one of the more comfortable price-to-income ratios in Maine. An unemployment rate of 0.6% points to a labor market well on the tight side of the national distribution.

Geographically, Warren lies roughly 135 miles northeast of the nearest major metro, Manchester. Median home values run roughly 36% lower than Manchester's $336,000.

Cost Overview

Housing 71
Rent 81

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

About the Cost of Living in Warren

The median home value in Warren is $215,500 — 29% below the national median of $305,000. Median rent runs $1,058/month, 19% lower than the national median of $1,314/month. The median household income of $77,321/year is 4% higher than the US median of $74,580. The local unemployment rate is 0.6%, 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 55.2°F and lows of 37.0°F. Overall, Warren has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$215,500
29% below avg
Median Rent
$1,058/mo
19% below avg
Price-to-Rent Ratio
17.0x
Favors buying
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$808
1 BR
$997
2 BR
$1,178
3 BR
$1,471
4 BR
$1,798
Owner-occupied 89.2%
Renter-occupied 10.8%

💰 Estimated Monthly Budget

Rent median rent
$1,058
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,672/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
22.3 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
78.6%
Carpooled
9.0%
Walked
1.1%
Work from home
10.0%

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
$77,321
4% above avg
Per Capita Income
$32,318
Unemployment Rate
0.6%
88% below avg
Poverty Rate
10.0%
Labor Force Participation
48.7%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 6.2%

👥 Demographics

Median Age 42.6
Male median age 39.5
Female median age 47.3

🌤 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 Warren, ME?

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

What is average rent in Warren, ME?

The median gross rent in Warren is $1,058 per month based on 2023 Census data.

What is the average home price in Warren?

The median home value in Warren is $215,500 according to 2023 Census ACS data.

What is the median income in Warren?

The median household income in Warren is $77,321 per year (2023 ACS 5-year estimates).

What is the sales tax in Warren, ME?

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

Is Warren, ME affordable?

Yes, Warren 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 Warren?

Warren 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.

Warren at a Glance

Population
4,893
Median Income
$77,321
Home Value
$215,500
Median Rent
$1,058/mo
Unemployment
0.6%
Avg High Temp
55.2°F
Sales Tax
5.5%
View all cities in Maine →
🗺️ County data for Maine

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs