Cost of Living in Damariscotta, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.4
100 = national avg
+13.4 vs national average
Living Wage (1 Adult)
$49,889
per year
Living Wage (Family of 4)
$117,920
per year
Cost Index by Category
Housing148.5
Food98.7
Transportation74.9
Healthcare98.9
Utilities108.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,280
per month
2 Bedroom
$1,403
per month
The overall cost of living index in Damariscotta is 113.4, which is 13.4% above the national average. Housing costs are above the national average at an index of 148.5. A single adult needs to earn approximately $49,889 per year to cover basic expenses.