Cost of Living in Waterboro, ME
Population 8,022 · Maine · Data vintage 2023
(100 = US avg)
Waterboro 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. An unemployment rate of 2.7% points to a labor market well on the tight side of the national distribution.
Located 55 miles northeast of Manchester, Waterboro is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 24% lower than Manchester's $336,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Waterboro
The median home value in Waterboro is $256,900 — 16% below the national median of $305,000. Median rent runs $1,365/month, 4% higher than the national median of $1,314/month. The median household income of $83,868/year is 12% higher than the US median of $74,580. The local unemployment rate is 2.7%, 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 57.8°F and lows of 37.6°F. Overall, Waterboro has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.
Waterboro has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 33 | 35 | 44 | 57 | 67 | 77 | 82 | 81 | 73 | 60 | 48 | 37 |
| Low °F | 15 | 17 | 25 | 35 | 45 | 54 | 60 | 58 | 50 | 39 | 31 | 22 |
| Precip" | 2.53 | 2.22 | 3.72 | 3.67 | 3.52 | 3.86 | 3.52 | 3.17 | 3.43 | 4.39 | 3.89 | 3.30 |
Frequently Asked Questions
What is the cost of living in Waterboro, ME?
Waterboro has a cost index of 92 (100 = national average). It is 8% below the national average.
What is average rent in Waterboro, ME?
The median gross rent in Waterboro is $1,365 per month based on 2023 Census data.
What is the average home price in Waterboro?
The median home value in Waterboro is $256,900 according to 2023 Census ACS data.
What is the median income in Waterboro?
The median household income in Waterboro is $83,868 per year (2023 ACS 5-year estimates).
What is the sales tax in Waterboro, ME?
The combined state and local sales tax rate in Waterboro is 5.5%. The Maine state income tax top rate is 7.2%.
Is Waterboro, ME affordable?
Waterboro is near the national average in terms of cost of living, with an index of 92 (100 = US average).
What is the weather like in Waterboro?
Waterboro has average high temperatures of 57.8°F and average lows of 37.6°F. Annual precipitation is 41.2". Data from NOAA 1991–2020 Climate Normals.
Waterboro at a Glance
- Population
- 8,022
- Median Income
- $83,868
- Home Value
- $256,900
- Median Rent
- $1,365/mo
- Unemployment
- 2.7%
- Avg High Temp
- 57.8°F
- Sales Tax
- 5.5%
Nearby Cities
Explore county-level cost of living data
Maine Rankings
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