Cost of Living in Falmouth, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
172.5
100 = national avg
+72.5 vs national average
Living Wage (1 Adult)
$75,901
per year
Living Wage (Family of 4)
$179,402
per year
Cost Index by Category
Housing251.4
Food118.5
Transportation137.0
Healthcare114.8
Utilities141.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,397
per month
2 Bedroom
$1,833
per month
The overall cost of living index in Falmouth is 172.5, which is 72.5% above the national average. Housing costs are above the national average at an index of 251.4. A single adult needs to earn approximately $75,901 per year to cover basic expenses.