Old Town, ME Cost Of Living

The latest cost of living statistics for Old Town. Includes statistics on rent, mortgages, healthcare, and other costs for Old Town compared to the state and national averages.

Cost of living in Old Town, Maine

Cost of living in Old Town 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 Town 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:

97 Cost of living index 1.0x lower vs US
#7 Cheapest in Maine (of 32)
#2,094 Cheapest in the U.S. (of 6,489)
$246,066 Median home value
$989 Median rent
$51,585 Median income
Not sure Old Town fits your budget? Try our place-match quiz →

What is the cost of living in Old Town, ME?

According to the most recent data on the cost of living, Old Town has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Maine, Old Town has a cost of living index that's 1.0x lower than Maine's index of 99.

The standard of living in Old Town ranks as #7 most affordable out of the 32 places we measured in Maine. By definition, that implies Old Town ranks as the #25 most expensive place in the Pine Tree State.

For more reading on life in Old Town, check out:

Old Town Cost Of Living Vs. Maine

Six factors go into calculating the cost of living index in Old Town. Here is how it fares on each of the criteria:

  • The Services index in Old Town is 105.

  • The Groceries index in Old Town is 103.

  • The Health index in Old Town is 76.

  • The Housing index in Old Town is 106.

  • The Transportation index in Old Town is 111.

  • The Utilities index in Old Town is 104.

Living Expense Old Town Maine National Average
Overall 97 99 100
Services 105 101 100
Groceries 103 100 100
Health 76 92 100
Housing 106 103 100
Transportation 111 109 100
Utilities 104 105 100

Old Town Cost Of Living Compared To Maine Averages

Services
Old Town 105
Maine avg 101
Groceries
Old Town 103
Maine avg 100
Health
Old Town 76
Maine avg 92
Housing
Old Town 106
Maine avg 103
Transportation
Old Town 111
Maine avg 109
Utilities
Old Town 104
Maine avg 105

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Maine, check out:

Protect your home budget Compare home warranties in Old Town Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Old Town, ME Housing Cost Breakdown

$246,066Median Home Value
$989Median Rent
$51,585Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Old Town is $246,066.

  • The Median Rent in Old Town is $989.

  • The Median Income in Old Town is $51,585.

  • The Home Value To Income in Old Town is 4.8x.

  • The Rent To Monthly Income in Old Town is 0.23x.

Statistic Old Town Maine United States
Median Home Value $246,066 $407,565 $332,700
Median Rent $989 $1,139 $1,413
Median Income $51,585 $74,733 $80,734
Home Value To Income 4.8x 5.5x 4.1x
Rent To Monthly Income 0.23x 0.18x 0.21x

Old Town, ME Costs By Category

Detailed Old Town Services costs vs. Maine
Item Old Town Maine
Shampoo $1.17 $1.28
Movie $13.07 $12.13
Bowling $17.76 $18
Haircut $28.67 $24.26
Beauty Salon $53.03 $45.56
Detailed Old Town Groceries costs vs. Maine
Item Old Town Maine
Ground Beef $5.41 $5.84
Fried Chicken $1.43 $1.57
Milk $4.75 $4.67
Potatoes $5.0 $4.93
Pizza $11.93 $12.09
Beer $10.22 $10.41
Toothpaste $3.69 $3.7
Detailed Old Town Health costs vs. Maine
Item Old Town Maine
Optometrist $170.67 $125.68
Doctor $146.5 $135.78
Dentist $119.58 $113.29
Detailed Old Town Transportation costs vs. Maine
Item Old Town Maine
Gasoline $3.52 $3.46
Tire Balancing $76.01 $59.92
Detailed Old Town Utilities costs vs. Maine
Item Old Town Maine
All Electricity $218.65 $193.99
Phone $185.73 $192.25

Old Town SnackAbility

8Overall SnackAbility
Jobs 7/10
Housing 6/10
Affordability 6/10
Diversity 4/10
Safety 8.5/10
Amenities 6/10
Education 8.5/10
Commute 8.5/10