Housing costs in Bowdoin?
A typical home costs
$330,600, which is 2.2% less expensive than the national average of
$338,100 and 1.0% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Bowdoin costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 4.2% cheaper than the state average of
$1,250.
Can I afford Bowdoin?
To live comfortably in Bowdoin, Maine, a minimum annual income of
$63,360 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Bowdoin?
The cost of living in Bowdoin, ME is relatively moderate compared to other parts of the country. The median home cost is around $156,400, which is significantly lower than the national average of $223,900. Transportation costs are also relatively low, as gas prices are about 6% lower than the US average and public transportation fares are reasonable. Grocery expenses are right on par with the national average. Overall, Bowdoin offers a pleasant quality of life at an affordable price point.