Cost of living in Rockland 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 Rockland 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 Rockland is 98, with 100 being the average.
The cost of living index in Rockland is 1.0x lower than the national average.
Rockland ranks as the #8 cheapest in Maine out of 29.
Rockland ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Rockland is $173,600.
The median income in Rockland is $48,871.
According to the most recent data on the cost of living, Rockland has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Maine, Rockland has a cost of living index that's 0.9x lower than Maine's index of 112.
The standard of living in Rockland ranks as #8 most affordable out of the 29 places we measured in Maine. By definition, that implies Rockland ranks as the #21 most expensive place in the Pine Tree State.
For more reading on life in Rockland, check out:
Six factors go into calculating the cost of living index in Rockland. Here is how it fairs on each of the criteria:
The Services index in Rockland is 109.
The Groceries index in Rockland is 100.
The Health index in Rockland is 114.
The Housing index in Rockland is 81.
The Transportation index in Rockland is 102.
The Utilities index in Rockland is 108.
|Living Expense||Rockland||Maine||National Average|
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 Rockland is $173,600.
The Median Rent in Rockland is $834.
The Median Income in Rockland is $48,871.
The Home Value To Income in Rockland is 3.6x.
The Rent To Monthly Income in Rockland is 0.2x.
|Median Home Value||$173,600||$212,100||$244,900|
|Home Value To Income||3.6x||3.4x||3.5x|
|Rent To Monthly Income||0.2x||0.18x||0.2x|
The cost of living varies in the cities and towns around Rockland. Here's a quick look at the cost of living in the most populous nearby places:
Augusta, ME has a cost of living index of 99, 1.0x Rockland.
Brunswick, ME has a cost of living index of 103, 1.1x Rockland.
Waterville, ME has a cost of living index of 97, 1.0x Rockland.