Presque Isle, ME Cost Of Living
Cost Of Living In Presque Isle, ME Summary
Cost of living in Presque Isle 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 Presque Isle 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 Presque Isle is 93, with 100 being the average.
The cost of living index in Presque Isle is 0.9x lower than the national average.
Presque Isle ranks as the #2 cheapest in Maine out of 30.
Presque Isle ranks as the #1,658 cheapest out of 6,489 in the US.
The median home value in Presque Isle is $171,575.
The median income in Presque Isle is $57,396.
Table Of Contents
Presque Isle's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Presque Isle, ME?
According to the most recent data on the cost of living, Presque Isle has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Maine, Presque Isle has a cost of living index that's 0.9x lower than Maine's index of 101.
The standard of living in Presque Isle ranks as #2 most affordable out of the 30 places we measured in Maine. By definition, that implies Presque Isle ranks as the #28 most expensive place in the Pine Tree State.
For more reading on life in Presque Isle, check out:
In Maine
In America
Presque Isle Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Presque Isle. Here is how it fairs on each of the criteria:
The Services index in Presque Isle is 108.
The Groceries index in Presque Isle is 104.
The Health index in Presque Isle is 102.
The Housing index in Presque Isle is 66.
The Transportation index in Presque Isle is 107.
The Utilities index in Presque Isle is 106.
| Living Expense | Presque Isle | Maine | National Average | |
|---|---|---|---|---|
| Overall | 93 | 101 | 100 | |
| Services | 108 | 110 | 100 | |
| Groceries | 104 | 103 | 100 | |
| Health | 102 | 104 | 100 | |
| Housing | 66 | 90 | 100 | |
| Transportation | 107 | 108 | 100 | |
| Utilities | 106 | 105 | 100 | |
Presque Isle, 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 Presque Isle is $171,575.
The Median Rent in Presque Isle is $875.
The Median Income in Presque Isle is $57,396.
The Home Value To Income in Presque Isle is 3.0x.
The Rent To Monthly Income in Presque Isle is 0.18x.
| Statistic | Presque Isle | Maine | United States |
|---|---|---|---|
| Median Home Value | $171,575 | $410,916 | $303,400 |
| Median Rent | $875 | $1,084 | $1,348 |
| Median Income | $57,396 | $71,773 | $78,538 |
| Home Value To Income | 3.0x | 5.7x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Presque Isle, ME Costs By Category
Detailed Presque Isle Services Costs Vs. Maine
| Item | Presque Isle | 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 Presque Isle Groceries Costs Vs. Maine
| Item | Presque Isle | 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 Presque Isle Health Costs Vs. Maine
| Item | Presque Isle | Maine |
|---|---|---|
| Optometrist | $170.67 | $125.68 |
| Doctor | $146.5 | $135.78 |
| Dentist | $119.58 | $113.29 |
Detailed Presque Isle Transportation Costs Vs. Maine
| Item | Presque Isle | Maine |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $76.01 | $59.92 |
Detailed Presque Isle Utilities Costs Vs. Maine
| Item | Presque Isle | Maine |
|---|---|---|
| All Electricity | $218.65 | $193.99 |
| Phone | $185.73 | $192.25 |
Presque Isle SnackAbility
/10
Cost Of Living In Cities Around Presque Isle
The cost of living varies in the cities and towns around Presque Isle. Here's a quick look at the cost of living in the most populous nearby places:
Caribou, ME has a cost of living index of 92, 1.0x Presque Isle.
| City | Population | Cost Of Living | Vs. Presque Isle |
|---|---|---|---|
| Caribou, ME | 7,427 | 92 | 1.0x |
