Dover-Foxcroft, ME, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, Dover-Foxcroft's overall cost of living index stands at 92, indicating that residents generally spend 8% less than the national average on living expenses. This makes Dover-Foxcroft an attractive option for those seeking a more affordable lifestyle.
The cost of living index in Dover-Foxcroft, Maine, is notably lower than the nationwide average of 100. Specifically, housing costs in Dover-Foxcroft are 15% lower, with an index of 85. This suggests that residents can expect to pay less for housing compared to the average American. The lower housing costs can be particularly beneficial for those looking to purchase homes or rent apartments in the area.
Additionally, the grocery index in Dover-Foxcroft is slightly below the national average, at 95, which means groceries are 5% cheaper here. Utilities, another significant expense, are also more affordable, with an index of 90, representing a 10% savings. Transportation costs are nearly in line with the national average, at 92, indicating minimal difference in this area. Healthcare, with an index of 98, shows a modest 2% increase, and miscellaneous expenses are 13% lower at an index of 87. Overall, Dover-Foxcroft presents a cost-effective living environment for many key expenses.