Kennebunk, ME Cost Of Living
Cost Of Living In Kennebunk, ME Summary
Cost of living in Kennebunk research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Kennebunk is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Maine, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Kennebunk is 122, with 100 being the average.
The cost of living index in Kennebunk is 1.2x higher than the national average.
Kennebunk ranks as the #27 cheapest in Maine out of 30.
Kennebunk ranks as the #4,541 cheapest out of 6,489 in the US.
The median home value in Kennebunk is $613,767.
The median income in Kennebunk is $93,167.
Table Of Contents
Kennebunk's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Kennebunk, ME?
According to the most recent data on the cost of living, Kennebunk has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Maine, Kennebunk has a cost of living index that's 1.2x higher than Maine's index of 101.
The standard of living in Kennebunk ranks as #27 most affordable out of the 30 places we measured in Maine. By definition, that implies Kennebunk ranks as the #3 most expensive place in the Pine Tree State.
For more reading on life in Kennebunk, check out:
In Maine
In America
Kennebunk Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Kennebunk. Here is how it fairs on each of the criteria:
The Services index in Kennebunk is 108.
The Groceries index in Kennebunk is 101.
The Health index in Kennebunk is 104.
The Housing index in Kennebunk is 152.
The Transportation index in Kennebunk is 111.
The Utilities index in Kennebunk is 105.
| Living Expense | Kennebunk | Maine | National Average | |
|---|---|---|---|---|
| Overall | 122 | 101 | 100 | |
| Services | 108 | 110 | 100 | |
| Groceries | 101 | 103 | 100 | |
| Health | 104 | 104 | 100 | |
| Housing | 152 | 90 | 100 | |
| Transportation | 111 | 108 | 100 | |
| Utilities | 105 | 105 | 100 | |
Kennebunk, ME Housing Cost Breakdown
Housing swings affordability the most between places in Maine, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Kennebunk is $613,767.
The Median Rent in Kennebunk is $1,411.
The Median Income in Kennebunk is $93,167.
The Home Value To Income in Kennebunk is 6.6x.
The Rent To Monthly Income in Kennebunk is 0.18x.
Median Home Value
Median Rent
Median Income
Kennebunk, ME Costs By Category
Detailed Kennebunk Services Costs Vs. Maine
Detailed Kennebunk Groceries Costs Vs. Maine
Detailed Kennebunk Health Costs Vs. Maine
Detailed Kennebunk Transportation Costs Vs. Maine
Detailed Kennebunk Utilities Costs Vs. Maine
Kennebunk SnackAbility
/10
Cost Of Living In Cities Around Kennebunk
The cost of living varies in the cities and towns around Kennebunk. Here's a quick look at the cost of living in the most populous nearby places:
Biddeford, ME has a cost of living index of 115, 0.9x Kennebunk.
Saco, ME has a cost of living index of 117, 1.0x Kennebunk.
Somersworth, NH has a cost of living index of 117, 1.0x Kennebunk.
| City | Population | Cost Of Living | Vs. Kennebunk |
|---|---|---|---|
| Biddeford, ME | 22,463 | 115 | 0.9x |
| Saco, ME | 20,636 | 117 | 1.0x |
| Somersworth, NH | 12,060 | 117 | 1.0x |
| Old Orchard Beach, ME | 9,150 | 109 | 0.9x |
