Cost of Living in Waterville, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.0
100 = national avg
-11.0 vs national average
Living Wage (1 Adult)
$39,161
per year
Living Wage (Family of 4)
$92,562
per year
Cost Index by Category
Housing103.2
Food86.3
Transportation72.6
Healthcare89.0
Utilities92.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,090
per month
2 Bedroom
$1,416
per month
The overall cost of living index in Waterville is 89.0, which is 11.0% below the national average. Housing costs are above the national average at an index of 103.2. A single adult needs to earn approximately $39,161 per year to cover basic expenses.