Cost of Living in Newcastle, ME

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F
26%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
76%
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 Newcastle Maine National
Cost of living126101100
Groceries101101100
Health care115115100
Housing17691100
Transportation103103100
Utilities118118100
Lifestyle & Entertainmentn/an/an/a
Household Itemsn/an/an/a
Education & Childcaren/an/an/a
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Homes For Sale In Newcastle, ME

property for sale

29 Pleasant St

Newcastle, ME
property for sale

295 Mills Rd

Newcastle, ME
property for sale

4 Lewis Hill Rd

Newcastle, ME
property for sale

6 Lewis Hill Rd

Newcastle, ME

Cost Of Living Quick Facts

  • The cost of living in Newcastle is 25% higher than the Maine average
  • The cost of living in Newcastle is 26% higher than the national average
  • Newcastle housing is 76% 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

Most Affordable Places to Live in and Around Newcastle

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Compare Newcastle, ME Cost of Living

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$207,184$17,265$4,834$6,216
      Renters$38,260$3,188$893$1,148

      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.
      Waldoboro, ME1,419936.6%
      Randolph, ME1,753955.2%
      Gardiner, ME5,863981.7%
      Farmingdale, ME2,516991.4%
      Richmond, ME1,7881000.1%
      Newcastle, ME66812626.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Port Sanilac, MI6688712.7%
      Edgerton, MO6688217.9%
      Hatley, MS6688416.3%
      Dundee, OH6687624.2%
      Ettrick, WI6688911.3%
      Newcastle, ME66812626.2%
      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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