Housing costs in Millinocket?
A typical home costs
$128,700, which is 61.9% less expensive than the national average of
$338,100 and 61.5% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Millinocket costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 43.7% cheaper than the state average of
$1,250.
Can I afford Millinocket?
To live comfortably in Millinocket (zip 04462), Maine, a minimum annual income of
$24,480 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Millinocket?
The cost of living in 04462 Millinocket, ME is relatively low compared to the national average. The median home value in Millinocket is around $109,000, which is much lower than the U.S. median of $219,700. Similarly, the median rent price in Millinocket is around $671 per month, whereas the U.S. median rent price is approximately $1,450 per month. This makes it a great option for those looking for an affordable place to live and work. In addition to this, grocery prices are also relatively low with a gallon of milk costing less than two dollars and a loaf of bread typically priced at less than one dollar.