The cost of living index in Presque Isle, ME, stands at 89, which is 11% lower than the nationwide average of 100. This means that overall expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items are relatively affordable in Presque Isle. Residents can expect to spend less on most categories compared to the national average.
The cost of living in Presque Isle, Maine, presents notable differences compared to the nationwide average, which is set at 100. One significant aspect is housing costs. In Presque Isle, housing costs are at 80, which is 20% lower than the national average. This means that, on average, housing expenses for residents in Presque Isle are significantly lower. Lower housing costs can be a compelling factor for individuals considering a move to this area.
Other living expenses in Presque Isle also show a mix of higher and lower costs compared to the national average. For groceries, the cost index is 95, indicating that grocery expenses are only 5% below the national average. Utilities in Presque Isle are slightly lower, at 90, which means they are 10% cheaper than the nationwide average. Transportation costs also stand at 95, aligning very closely with the national average. When it comes to healthcare, the cost index is 85, representing a 15% reduction in costs compared to the national average. Lastly, miscellaneous costs in Presque Isle are at 90, showing a 10% reduction from the national average. Overall, these figures highlight the relatively affordable living conditions in Presque Isle compared to the nation.
