Falmouth, ME, shows a cost of living index higher than the nationwide average in several categories. Housing costs, for example, are 30% above average, with an index of 130. Utilities and groceries also surpass the national average, standing at 110 and 105, respectively. These higher costs highlight the need for careful financial planning when considering relocation to Falmouth.
Falmouth, Maine, stands out as a unique location when comparing the cost of living to the nationwide average, which is set at 100. Housing costs in Falmouth are notably higher, standing at 130, which means they are 30% higher than the average. This significant increase suggests that finding affordable housing may present a challenge for those relocating to Falmouth.
Other expenses in Falmouth also vary. For example, groceries cost 5% more than the national average, with an index of 105. Utilities, which include electricity, gas, water, and internet, are 10% above average at 110. On the positive side, transportation costs are 5% lower at 95, providing some relief. Healthcare costs align closely with the national average at 98, while miscellaneous expenses like entertainment and clothing are slightly above average at 102. These figures offer a balanced view of what potential residents might encounter in Falmouth.
