Cost of Living in Steep Falls, ME

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

Cost of Living Overview

Overall Index

108.4

100 = national avg

+8.4 vs national average

Living Wage (1 Adult)

$47,681

per year

Living Wage (Family of 4)

$112,701

per year

Cost Index by Category

Housing
117.6
Food
102.1
Transportation
104.1
Healthcare
101.7
Utilities
104.8

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 Steep Falls is 108.4, which is 8.4% above the national average. Housing costs are above the national average at an index of 117.6. A single adult needs to earn approximately $47,681 per year to cover basic expenses.