The cost of living in Yarmouth, ME, is notably higher than the nationwide average. The overall cost of living index in Yarmouth stands at 108, which is 8% above the national average of 100. Housing costs are particularly elevated at 122, meaning they are 22% higher than the national benchmark. In Yarmouth, the cost of groceries and healthcare also exceeds the national average, each with an index of 106 and 107, respectively. This translates to a 6% increase for groceries and 7% for healthcare. Utilities and transportation are slightly below the national average, with indexes of 97 and 102, respectively. Miscellaneous expenses are on par with the national average, with an index of 101.
The cost of living in Yarmouth, ME, offers a mixed picture when compared to the nationwide average, which is set at 100. Housing costs stand at 122, indicating that residents in Yarmouth can expect to pay 22% more for housing compared to the national average. This higher housing index may be a significant factor for job seekers considering relocation to this coastal town.
In other areas, Yarmouth does not diverge as sharply from the national average. For instance, groceries are priced at 106, which means a 6% increase from the national average. Utilities, transportation, healthcare, and miscellaneous costs also reflect minor differences, with indexes of 97, 102, 107, and 101, respectively. These figures suggest that, aside from housing, living expenses in Yarmouth are relatively close to the nationwide average, making it a potentially attractive option for those seeking a balance between cost and quality of life.
