Saco, ME Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Saco, ME Summary

Cost of living in Saco 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 Saco 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 Saco is 109, with 100 being the average.

  • The cost of living index in Saco is 1.1x higher than the national average.

  • Saco ranks as the #22 cheapest in Maine out of 29.

  • Saco ranks as the #4,038 cheapest out of 6,412 in the US.

  • The median home value in Saco is $289,800.

  • The median income in Saco is $72,700.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
109
Saco's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Saco, ME?

According to the most recent data on the cost of living, Saco has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.

Compared to Maine, Saco has a cost of living index that's 1.0x lower than Maine's index of 112.

The standard of living in Saco ranks as #22 most affordable out of the 29 places we measured in Maine. By definition, that implies Saco ranks as the #7 most expensive place in the Pine Tree State.

For more reading on life in Saco, check out:

22 out of 29
In Maine
4,038 out of 6,412
In America

Saco Cost Of Living Vs. Maine

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

  • The Services index in Saco is 111.

  • The Groceries index in Saco is 101.

  • The Health index in Saco is 115.

  • The Housing index in Saco is 120.

  • The Transportation index in Saco is 100.

  • The Utilities index in Saco is 107.

Living Expense Saco Maine National Average
Overall 109 112 100
Services 111 114 100
Groceries 101 101 100
Health 115 97 100
Housing 120 120 100
Transportation 100 116 100
Utilities 107 104 100
For more reading on cost of living around Maine, check out:
Saco Cost of Living Vs. ME

Saco, 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 Saco is $289,800.

  • The Median Rent in Saco is $1,186.

  • The Median Income in Saco is $72,700.

  • The Home Value To Income in Saco is 4.0x.

  • The Rent To Monthly Income in Saco is 0.2x.

Statistic Saco Maine United States
Median Home Value $289,800 $212,100 $244,900
Median Rent $1,186 $927 $1,163
Median Income $72,700 $63,182 $69,021
Home Value To Income 4.0x 3.4x 3.5x
Rent To Monthly Income 0.2x 0.18x 0.2x
Search Homes For Sale In Saco, ME
$289,800
Median Home Value
$1,186
Median Rent
$72,700
Median Income

Saco, ME Costs By Category

Detailed Saco Services Costs Vs. Maine

Item Saco 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 Saco Groceries Costs Vs. Maine

Item Saco 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 Saco Health Costs Vs. Maine

Item Saco Maine
Optometrist $148.43 $108.57
Doctor $151.95 $116.17
Dentist $107.57 $99.13

Detailed Saco Transportation Costs Vs. Maine

Item Saco Maine
Gasoline $2.19 $2.22
Tire Balancing $53.63 $50.07

Detailed Saco Utilities Costs Vs. Maine

Item Saco Maine
All Electricity $200.33 $167.67
Phone $171.07 $175.64

Saco SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
6
Diversity
5
Safety
8
Amenities
8
Education
8.5
Commute
8

Cost Of Living In Cities Around Saco

The cost of living varies in the cities and towns around Saco. 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 Saco.

  • South Portland, ME has a cost of living index of 113, 1.0x Saco.

  • Biddeford, ME has a cost of living index of 107, 1.0x Saco.

City Population Cost Of Living Vs. Saco
Portland, ME 68,063 111 1.0x
South Portland, ME 26,428 113 1.0x
Biddeford, ME 22,331 107 1.0x
Westbrook, ME 20,074 105 1.0x
Old Orchard Beach, ME 8,954 106 1.0x
Gorham, ME 7,378 112 1.0x
Kennebunk, ME 5,616 112 1.0x

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