Cost of Living in Freeport, ME

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

112.1

100 = national avg

+12.1 vs national average

Living Wage (1 Adult)

$49,325

per year

Living Wage (Family of 4)

$116,586

per year

Cost Index by Category

Housing
164.1
Food
87.0
Transportation
73.9
Healthcare
89.6
Utilities
105.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,397

per month

2 Bedroom

$1,833

per month

The overall cost of living index in Freeport is 112.1, which is 12.1% above the national average. Housing costs are above the national average at an index of 164.1. A single adult needs to earn approximately $49,325 per year to cover basic expenses.