The cost of living index in Wells, ME, shows a slight variation from the nationwide average of 100. Housing costs in Wells are 5% below the national average, while groceries are 5% higher. Utilities and transportation costs are nearly on par with the average, at 2% below and 3% below, respectively. Healthcare costs are slightly higher at 2%, and miscellaneous expenses match the national average.
Overall, Wells offers a cost of living that is 2% below the national average. This makes it a relatively affordable place to live, especially when considering housing, utilities, and transportation. Job seekers may find that their expenses in Wells are manageable, providing a good balance between cost and quality of life.
The cost of living in Wells, Maine, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Wells stand at 95, which means residents can expect to pay 5% less than the average American. This reduction in housing expenses can be a significant advantage for those looking to settle in Wells, offering more affordability without compromising on quality of life.
In other areas, Wells also shows competitive figures. Groceries cost 105, which is 5% higher than the national average. However, this increase is relatively minor. Utilities in Wells are priced at 98, indicating a 2% savings. Transportation costs are at 97, which is 3% below the national average. Healthcare costs are slightly higher at 102, but this is only a 2% increase. Miscellaneous expenses match the national average at 100, showing no difference in cost. Overall, Wells offers a balanced cost of living that is mostly on par with or slightly below the national average.
