Belfast, ME Cost Of Living
Cost Of Living In Belfast, ME Summary
Cost of living in Belfast research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Belfast is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Maine, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Belfast is 108, with 100 being the average.
The cost of living index in Belfast is 1.1x higher than the national average.
Belfast ranks as the #20 cheapest in Maine out of 29.
Belfast ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Belfast is $199,100.
The median income in Belfast is $55,900.
Table Of Contents
Belfast's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Belfast, ME?
According to the most recent data on the cost of living, Belfast has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Maine, Belfast has a cost of living index that's 1.0x lower than Maine's index of 112.
The standard of living in Belfast ranks as #20 most affordable out of the 29 places we measured in Maine. By definition, that implies Belfast ranks as the #9 most expensive place in the Pine Tree State.
For more reading on life in Belfast, check out:
- Living In Belfast
- Belfast Crime Report
- Search Homes For Sale In Belfast, ME
In Maine
In America
Belfast Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Belfast. Here is how it fairs on each of the criteria:
The Services index in Belfast is 111.
The Groceries index in Belfast is 103.
The Health index in Belfast is 114.
The Housing index in Belfast is 101.
The Transportation index in Belfast is 101.
The Utilities index in Belfast is 110.
| Living Expense | Belfast | Maine | National Average | |
|---|---|---|---|---|
| Overall | 108 | 112 | 100 | |
| Services | 111 | 114 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 114 | 97 | 100 | |
| Housing | 101 | 120 | 100 | |
| Transportation | 101 | 116 | 100 | |
| Utilities | 110 | 104 | 100 | |
Belfast, ME Housing Cost Breakdown
Housing swings affordability the most between places in Maine, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Belfast is $199,100.
The Median Rent in Belfast is $935.
The Median Income in Belfast is $55,900.
The Home Value To Income in Belfast is 3.6x.
The Rent To Monthly Income in Belfast is 0.2x.
| Statistic | Belfast | Maine | United States |
|---|---|---|---|
| Median Home Value | $199,100 | $212,100 | $244,900 |
| Median Rent | $935 | $927 | $1,163 |
| Median Income | $55,900 | $63,182 | $69,021 |
| Home Value To Income | 3.6x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Belfast, ME Costs By Category
Detailed Belfast Services Costs Vs. Maine
Detailed Belfast Groceries Costs Vs. Maine
Detailed Belfast Health Costs Vs. Maine
Detailed Belfast Transportation Costs Vs. Maine
Detailed Belfast Utilities Costs Vs. Maine
Belfast SnackAbility
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Cost Of Living In Cities Around Belfast
The cost of living varies in the cities and towns around Belfast. Here's a quick look at the cost of living in the most populous nearby places:
Bangor, ME has a cost of living index of 101, 0.9x Belfast.
Augusta, ME has a cost of living index of 99, 0.9x Belfast.
Waterville, ME has a cost of living index of 97, 0.9x Belfast.
| City | Population | Cost Of Living | Vs. Belfast |
|---|---|---|---|
| Bangor, ME | 31,920 | 101 | 0.9x |
| Augusta, ME | 18,895 | 99 | 0.9x |
| Waterville, ME | 15,872 | 97 | 0.9x |
| Orono, ME | 10,426 | 106 | 1.0x |
| Brewer, ME | 9,606 | 100 | 0.9x |
| Ellsworth, ME | 8,340 | 102 | 0.9x |
| Rockland, ME | 6,977 | 98 | 0.9x |
| Skowhegan, ME | 6,344 | 91 | 0.8x |
| Gardiner, ME | 5,944 | 97 | 0.9x |
