North Windham cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNorth WindhamMaineNational
Cost of living index113107100
IndexNorth WindhamMaineNational
Goods & Services index111111100
Groceries index101101100
Health care index113113100
Housing index11394100
Transportation index129129100
Utilities index119119100
Here we can see a simple outline of the cost of living in North Windham, ME. As you can see, with the average cost of living in North Windham, ME being 113, that puts it 5% higher than the average of Maine and 13% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of North Windham, ME, the price of goods and services are equal to the average of Maine as well as 11% higher than the nation's average.

Did you know?

  • The cost of living in North Windham is 5% higher than the Maine average.
  • The cost of living in North Windham is 13% higher than the national average.
  • The cost of housing in North Windham is 13% higher than the national average.
  • Maine general sales tax is 8% higher than the national average.
  • Maine state income tax is 100% lower than the national average.

Find Real Estate Listings In North Windham

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In North Windham

Compare North Windham, ME Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current salary in North Windham, ME to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in North Windham, ME, then you would need to earn more income in order to maintain the same standard of living. To use the North Windham, ME salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$65,458$5,455$1,527$1,964
Renters$27,061$2,255$631$812
How much of your monthly income goes to housing can tell you whether or not you can afford housing in North Windham, ME, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In North Windham, ME homeowners have a median income of $65,458. Using that number, you will come up with a maximum of $1,527 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $27,061, which means there is a maximum of $631 to be spent on the costs of renting a home or apartment.

Maine Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maine5.5%5.5%

Maine Income Tax

StateIncome Tax (Low)Income Tax (High)
Maine0%7.95%
When assessing the complete cost of living in North Windham, ME, the Maine income tax and the Maine sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Maine maximum surtax is 5.5%, and the Maine sales tax is 5.5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 7.95% in Maine.

Goods & Services

ItemNorth WindhamNational avg.Difference
Haircut $15.62$14.597.0%
Beauty Salon $38.07$34.689.8%
Toothpaste $2.50$2.471.1%
Shampoo $0.99$1.023.1%
Movie $10.12$9.872.6%
Bowling $4.76$4.398.4%

Groceries

ItemNorth WindhamNational avg.Difference
Ground Beef $2.99$4.4833.2%
Fried Chicken $1.59$1.468.6%
Milk $2.19$2.367.1%
Potatoes $3.32$3.068.4%
Pizza $8.68$9.246.1%
Beer $8.99$8.634.1%

Health Care

ItemNorth WindhamNational avg.Difference
Optometrist $142.33$99.7842.6%
Doctor $121.42$105.0315.6%
Dentist $104.81$88.7018.2%
Ibuprofen $8.99$9.414.5%
Lipitor $293.43$298.501.7%

Housing

ItemNorth WindhamNational avg.Difference
Home Price $200,500.00$175,700.0014.1%
Avg. Mortgage Payment $1,251.28$1,081.0315.7%
Apartment Rent $1,022.00$920.0011.1%

Transportation

ItemNorth WindhamNational avg.Difference
Gasoline $2.71$2.0929.5%
Tire Balancing $58.40$45.2929.0%

Utilities

ItemNorth WindhamNational avg.Difference
All Electricity$242.75$170.8042.1%
Phone $24.69$28.2612.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
South Windham, ME1,1901044%
Little Falls, ME4081077%
Casco, ME6681088%
Steep Falls, ME1,2451099%
Naples, ME43311111%
North Windham, ME4,57311313%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Morada, CA4,57314242%
Bridgeport, PA4,57311414%
Redland, AL4,5711066%
West Bay Shore, NY4,57115353%
Glen Head, NY4,57517373%
North Windham, ME4,57311313%
Source: The North Windham, ME cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.