Biddeford, ME Cost Of Living
Cost Of Living In Biddeford, ME Summary
Cost of living in Biddeford 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 Biddeford 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 Biddeford is 107, with 100 being the average.
The cost of living index in Biddeford is 1.1x higher than the national average.
Biddeford ranks as the #19 cheapest in Maine out of 29.
Biddeford ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Biddeford is $278,300.
The median income in Biddeford is $58,142.
Table Of Contents
Biddeford's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Biddeford, ME?
According to the most recent data on the cost of living, Biddeford has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Maine, Biddeford has a cost of living index that's 1.0x lower than Maine's index of 112.
The standard of living in Biddeford ranks as #19 most affordable out of the 29 places we measured in Maine. By definition, that implies Biddeford ranks as the #10 most expensive place in the Pine Tree State.
For more reading on life in Biddeford, check out:
- Living In Biddeford
- Biddeford Crime Report
- Search Homes For Sale In Biddeford, ME
In Maine
In America
Biddeford Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Biddeford. Here is how it fairs on each of the criteria:
The Services index in Biddeford is 109.
The Groceries index in Biddeford is 101.
The Health index in Biddeford is 115.
The Housing index in Biddeford is 109.
The Transportation index in Biddeford is 100.
The Utilities index in Biddeford is 110.
| Living Expense | Biddeford | Maine | National Average | |
|---|---|---|---|---|
| Overall | 107 | 112 | 100 | |
| Services | 109 | 114 | 100 | |
| Groceries | 101 | 101 | 100 | |
| Health | 115 | 97 | 100 | |
| Housing | 109 | 120 | 100 | |
| Transportation | 100 | 116 | 100 | |
| Utilities | 110 | 104 | 100 | |
Biddeford, 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 Biddeford is $278,300.
The Median Rent in Biddeford is $1,061.
The Median Income in Biddeford is $58,142.
The Home Value To Income in Biddeford is 4.8x.
The Rent To Monthly Income in Biddeford is 0.22x.
| Statistic | Biddeford | Maine | United States |
|---|---|---|---|
| Median Home Value | $278,300 | $212,100 | $244,900 |
| Median Rent | $1,061 | $927 | $1,163 |
| Median Income | $58,142 | $63,182 | $69,021 |
| Home Value To Income | 4.8x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Biddeford, ME Costs By Category
Detailed Biddeford Services Costs Vs. Maine
Detailed Biddeford Groceries Costs Vs. Maine
Detailed Biddeford Health Costs Vs. Maine
Detailed Biddeford Transportation Costs Vs. Maine
Detailed Biddeford Utilities Costs Vs. Maine
Biddeford SnackAbility
/10
Cost Of Living In Cities Around Biddeford
The cost of living varies in the cities and towns around Biddeford. Here's a quick look at the cost of living in the most populous nearby places:
Portland, ME has a cost of living index of 111, 1.0x Biddeford.
South Portland, ME has a cost of living index of 113, 1.1x Biddeford.
Saco, ME has a cost of living index of 109, 1.0x Biddeford.
| City | Population | Cost Of Living | Vs. Biddeford |
|---|---|---|---|
| Portland, ME | 68,063 | 111 | 1.0x |
| South Portland, ME | 26,428 | 113 | 1.1x |
| Saco, ME | 20,203 | 109 | 1.0x |
| Westbrook, ME | 20,074 | 105 | 1.0x |
| Old Orchard Beach, ME | 8,954 | 106 | 1.0x |
| Gorham, ME | 7,378 | 112 | 1.0x |
| Kennebunk, ME | 5,616 | 112 | 1.0x |
