Belfast, ME, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Belfast stands at 94, which is 6% below the national average of 100. This lower cost of living makes Belfast an attractive option for those seeking more affordable living expenses while maintaining a quality lifestyle.
Housing in Belfast is notably cheaper, with an index of 85, which is 15% below the national average. Groceries, however, remain at par with the national average, indexed at 100. Utilities and transportation are slightly below the national average, with indices of 95 and 90, respectively. Healthcare costs are slightly higher, indexed at 105, while miscellaneous expenses are at 92, reflecting a minor decrease from the national average.
Belfast, ME, presents a cost of living that is generally lower than the nationwide average. The housing index in Belfast stands at 85, which is 15% below the national average of 100. This suggests that housing costs in Belfast are more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, the utilities index is at 95, which is 5% below the national average. This indicates that residents of Belfast can expect to pay slightly less for utilities compared to the average American.
In contrast, the healthcare index in Belfast is slightly higher, at 105, which is 5% above the national average. This means that healthcare costs in Belfast are marginally higher than the nationwide average. However, the groceries and miscellaneous indices are both at 100, matching the national average. This balance makes Belfast a cost-effective place to live, especially when considering housing and utilities. Overall, Belfast offers a cost of living that is 5% below the national average, making it a practical choice for those seeking affordability without sacrificing essential services.