Cost of Living in Caribou, ME

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11%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
47%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Caribou Maine National
Cost of living89100100
Groceries103103100
Health care101101100
Housing5391100
Transportation105103100
Utilities110108100
Lifestyle & Entertainment104103100
Household Items103103100
Education & Childcare104106100
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Homes For Sale In Caribou, ME

property for sale

21 Washington St

Caribou, ME
property for sale

182 Fort Fairfield Rd

Caribou, ME
property for sale

6 Franklin St

Caribou, ME
property for sale

34 Woodland Rd

Caribou, ME
See the Newest Homes For Sale In Caribou, ME

Cost Of Living Quick Facts

  • The cost of living in Caribou is 11% lower than the Maine average
  • The cost of living in Caribou is 11% lower than the national average
  • Caribou housing is 47% lower than the national average
  • Maine general sales tax is 8% higher than the national average
  • Maine state income tax is 123% higher than the national average

Most Affordable Places to Live in and Around Caribou

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Compare Caribou, ME Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$81,664$6,805$1,905$2,450
      Renters$30,387$2,532$709$912
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Caribou, ME, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Caribou homeowners, is $81,664. This would allow for a maximum of $1,905 per month to be spent on housing costs. For renters, the median monthly income is $30,387 which would result in a maximum of $709 to be spent on rental costs.

      Maine Sales Tax

      State General Sales Tax With Max Surtax
      Maine 5.5% 5.5%

      Maine Income Tax

      State Income Tax (Low) Income Tax (High)
      Maine 5.8% 7.15%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Limestone, ME1,5588514.6%
      Washburn, ME1,0608514.6%
      Fort Fairfield, ME1,6768911.4%
      Presque Isle, ME9,300937.5%
      Mapleton, ME742937.3%
      Caribou, ME7,8908911.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Woodlake, CA7,89011212.3%
      Pukalani, HI7,89018079.7%
      Village St. George, LA7,8911055.1%
      Pittston, PA7,8938712.9%
      Fanwood, NJ7,88615352.8%
      Caribou, ME7,8908911.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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