Cost of Living in Alfred, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.5
100 = national avg
-9.5 vs national average
Living Wage (1 Adult)
$39,836
per year
Living Wage (Family of 4)
$94,158
per year
Cost Index by Category
Housing135.0
Food74.8
Transportation49.6
Healthcare79.9
Utilities91.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,412
per month
2 Bedroom
$1,716
per month
The overall cost of living index in Alfred is 90.5, which is 9.5% below the national average. Housing costs are above the national average at an index of 135.0. A single adult needs to earn approximately $39,836 per year to cover basic expenses.