Belfast, ME, has a cost of living index that is slightly below the nationwide average. The overall index stands at 91, which is 9% less than the national average of 100. This lower index is due to specific areas like housing, which is 15% below the average, and miscellaneous expenses, which are 12% less.
Despite some areas being lower, certain categories such as groceries, utilities, and transportation closely match the nationwide figures. For example, groceries in Belfast are only 5% below the national average, while utilities and transportation costs are the same at 10%. This balanced mix makes Belfast a potentially more affordable place to live in comparison to the national average.
The cost of living in Belfast, ME, presents several advantages when compared to the nationwide average. Housing costs in Belfast stand at 85, which is 15% below the national average of 100. This suggests that residents can expect to pay less for their homes or rental accommodations, making Belfast a more affordable option for those seeking to save on housing expenses.
In other areas, Belfast's cost of living remains close to the national average. Groceries cost 95, which is only 5% below the national average. Similarly, utilities and transportation each cost 90, also 10% below the national average. Healthcare costs in Belfast are on par with the national average, standing at 100. Miscellaneous expenses are slightly lower, at 88, which is 12% below average. Overall, Belfast offers a slightly lower cost of living in most categories, making it an attractive option for those looking to manage their expenses effectively.
