Cost of Living in Yarmouth, ME

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F
27%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
78%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Yarmouth Maine National
Cost of living127101100
Goods & Services102102100
Groceries101101100
Health care115115100
Housing17891100
Transportation103103100
Utilities118118100
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Homes For Sale In Yarmouth, ME

property for sale

10 Shore View Dr

Yarmouth, ME
property for sale

15 Blueberry Cove Rd #15

Yarmouth, ME
property for sale

20 Island Park

Yarmouth, ME
property for sale

46 Rainbow Farm Rd

Yarmouth, ME

Cost Of Living Quick Facts

  • The cost of living in Yarmouth is 26% higher than the Maine average
  • The cost of living in Yarmouth is 27% higher than the national average
  • Yarmouth housing is 78% 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 Yarmouth

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Compare Yarmouth, ME Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$132,298$11,025$3,087$3,969
      Renters$74,615$6,218$1,741$2,239
      To approximate the cost of living and the housing affordability in Yarmouth, ME, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Yarmouth have a median income of $132,298. Therefore, the amount that a consumer should spend on housing costs should be no more than $3,087 per month to avoid calamity and poverty. The renters in the city have an income of about $74,615, which would make their monthly maximum allowable rental costs $1,741.

      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%

      Goods & Services

      Item Yarmouth National avg. Difference
      Haircut $29.75$27.627.7%
      Beauty Salon $56.25$51.1110.1%
      Toothpaste $4.08$4.090.3%
      Shampoo $1.53$1.540.8%
      Movie $14.18$12.8810.1%
      Yoga $18.89$19.663.9%

      Groceries

      Item Yarmouth National avg. Difference
      Ground Beef $7.65$7.700.7%
      Fried Chicken $1.53$1.668.0%
      Milk $4.85$4.732.5%
      Potatoes $5.08$5.263.4%
      Pizza $11.76$12.767.9%
      Beer $10.55$10.550.0%

      Health Care

      Item Yarmouth National avg. Difference
      Optometrist $198.86$140.0642.0%
      Doctor $211.93$153.8237.8%
      Dentist $134.93$123.159.6%
      Ibuprofen $12.06$11.732.8%
      Lipitor $21.32$23.619.7%

      Housing

      Item Yarmouth National avg. Difference
      Home Price $640,817.00$326,622.0096.2%
      Avg. Mortgage Payment $2,868.13$2,480.2515.6%
      Apartment Rent $1,946.00$1,444.0034.8%

      Transportation

      Item Yarmouth National avg. Difference
      Gasoline $3.06$3.060.2%
      Tire Balancing $72.00$65.2110.4%

      Utilities

      Item Yarmouth National avg. Difference
      All Electricity $289.55$220.1231.5%
      Phone $190.21$195.712.8%
      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 Population Cost of Living Index National Avg.
      Lisbon Falls, ME4,167990.8%
      Little Falls, ME7611022.2%
      Freeport, ME1,9471076.7%
      Gray, ME7651088.1%
      Topsham, ME6,49411010.2%
      Yarmouth, ME5,95412726.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chickasaw, AL5,9548415.9%
      Smiths Station, AL5,954981.7%
      Elsmere, DE5,9541033.3%
      Newmarket, NH5,95512019.8%
      Stettler, AB5,955n/a 
      Yarmouth, ME5,95412726.9%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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