Cost Of Living in Hallowell, ME

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A-

6%

Overall NAT. AVG.

3%

Groceries NAT. AVG.

13%

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	Hallowell	Maine	National
Cost of living	106	100	100
Groceries	103	103	100
Health care	102	101	100
Housing	113	91	100
Transportation	104	103	100
Utilities	105	108	100
Lifestyle & Entertainment	101	103	100
Household Items	103	103	100
Education & Childcare	105	106	100

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Homes For Sale In Hallowell, ME

15 Middle St #3

Hallowell, ME

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Hallowell, ME

4 Overlook Dr

Hallowell, ME

19 Union St

Hallowell, ME

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Cost Of Living Quick Facts

The cost of living in Hallowell is 6% higher than the Maine average
The cost of living in Hallowell is 6% higher than the national average
Hallowell housing is 13% higher 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

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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	$91,160	$7,597	$2,127	$2,735
Renters	$78,078	$6,507	$1,822	$2,343

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.
Randolph, ME	1,753	94	6.4%
Augusta, ME	19,148	96	3.8%
Gardiner, ME	5,863	97	2.9%
Farmingdale, ME	2,516	97	2.6%
Richmond, ME	1,788	99	1.4%
Hallowell, ME	2,518	106	6.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
North Brookfield, MA	2,518	113	13.4%
Kure Beach, NC	2,518	132	31.6%
Crooksville, OH	2,518	81	19.2%
Freeport, FL	2,517	113	13.2%
Guyton, GA	2,517	97	3.2%
Hallowell, ME	2,518	106	6.1%

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.

Cost of Living in Hallowell, ME

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Maine Sales Tax

Maine Income Tax

Nearby cities with low cost of living

Cities with similar population