Old Orchard Beach, ME Cost Of Living
Cost Of Living In Old Orchard Beach, ME Summary
Cost of living in Old Orchard Beach 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 Old Orchard Beach 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 Old Orchard Beach is 106, with 100 being the average.
The cost of living index in Old Orchard Beach is 1.1x higher than the national average.
Old Orchard Beach ranks as the #17 cheapest in Maine out of 29.
Old Orchard Beach ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Old Orchard Beach is $245,500.
The median income in Old Orchard Beach is $55,766.
Table Of Contents
Old Orchard Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Old Orchard Beach, ME?
According to the most recent data on the cost of living, Old Orchard Beach has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Maine, Old Orchard Beach has a cost of living index that's 0.9x lower than Maine's index of 112.
The standard of living in Old Orchard Beach ranks as #17 most affordable out of the 29 places we measured in Maine. By definition, that implies Old Orchard Beach ranks as the #12 most expensive place in the Pine Tree State.
For more reading on life in Old Orchard Beach, check out:
- Living In Old Orchard Beach
- Old Orchard Beach Crime Report
- Search Homes For Sale In Old Orchard Beach, ME
In Maine
In America
Old Orchard Beach Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Old Orchard Beach. Here is how it fairs on each of the criteria:
The Services index in Old Orchard Beach is 112.
The Groceries index in Old Orchard Beach is 99.
The Health index in Old Orchard Beach is 114.
The Housing index in Old Orchard Beach is 104.
The Transportation index in Old Orchard Beach is 102.
The Utilities index in Old Orchard Beach is 110.
| Living Expense | Old Orchard Beach | Maine | National Average | |
|---|---|---|---|---|
| Overall | 106 | 112 | 100 | |
| Services | 112 | 114 | 100 | |
| Groceries | 99 | 101 | 100 | |
| Health | 114 | 97 | 100 | |
| Housing | 104 | 120 | 100 | |
| Transportation | 102 | 116 | 100 | |
| Utilities | 110 | 104 | 100 | |
Old Orchard Beach, 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 2017-2021. The key points are:
The Median Home Value in Old Orchard Beach is $245,500.
The Median Rent in Old Orchard Beach is $947.
The Median Income in Old Orchard Beach is $55,766.
The Home Value To Income in Old Orchard Beach is 4.4x.
The Rent To Monthly Income in Old Orchard Beach is 0.2x.
| Statistic | Old Orchard Beach | Maine | United States |
|---|---|---|---|
| Median Home Value | $245,500 | $212,100 | $244,900 |
| Median Rent | $947 | $927 | $1,163 |
| Median Income | $55,766 | $63,182 | $69,021 |
| Home Value To Income | 4.4x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Old Orchard Beach, ME Costs By Category
Detailed Old Orchard Beach Services Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Shampoo | $0.99 | $1.06 |
| Movie | $11.3 | $10.68 |
| Bowling | $14.83 | $14.67 |
| Haircut | $26.0 | $18.62 |
| Beauty Salon | $46.33 | $39.05 |
Detailed Old Orchard Beach Groceries Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Ground Beef | $3.46 | $4.22 |
| Fried Chicken | $1.34 | $1.39 |
| Milk | $2.34 | $2.05 |
| Potatoes | $3.74 | $3.29 |
| Pizza | $11.09 | $10.62 |
| Beer | $10.74 | $9.38 |
| Toothpaste | $2.67 | $2.34 |
Detailed Old Orchard Beach Health Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Optometrist | $148.43 | $108.57 |
| Doctor | $151.95 | $116.17 |
| Dentist | $107.57 | $99.13 |
Detailed Old Orchard Beach Transportation Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $53.63 | $50.07 |
Detailed Old Orchard Beach Utilities Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| All Electricity | $200.33 | $167.67 |
| Phone | $171.07 | $175.64 |
Old Orchard Beach SnackAbility
/10
Cost Of Living In Cities Around Old Orchard Beach
The cost of living varies in the cities and towns around Old Orchard Beach. Here's a quick look at the cost of living in the most populous nearby places:
Portland, ME has a cost of living index of 111, 1.0x Old Orchard Beach.
South Portland, ME has a cost of living index of 113, 1.1x Old Orchard Beach.
Biddeford, ME has a cost of living index of 107, 1.0x Old Orchard Beach.
| City | Population | Cost Of Living | Vs. Old Orchard Beach |
|---|---|---|---|
| Portland, ME | 68,063 | 111 | 1.0x |
| South Portland, ME | 26,428 | 113 | 1.1x |
| Biddeford, ME | 22,331 | 107 | 1.0x |
| Saco, ME | 20,203 | 109 | 1.0x |
| Westbrook, ME | 20,074 | 105 | 1.0x |
| Gorham, ME | 7,378 | 112 | 1.1x |
| Kennebunk, ME | 5,616 | 112 | 1.1x |
