Ranked from ACS 2023 5-Year
Cheapest Counties to Own a Home in Maine
Where the full monthly cost of owning the local median home is lowest. Every figure includes tax, insurance, utilities and maintenance, not just the mortgage.
Maine ranked
| # | County | Monthly to own | Median home | Effective rate |
|---|---|---|---|---|
| 1 | Aroostook County | $1,286 | $131,700 | 1.223% |
| 2 | Washington County | $1,386 | $147,100 | 1.124% |
| 3 | Piscataquis County | $1,411 | $153,300 | 0.970% |
| 4 | Somerset County | $1,449 | $155,200 | 1.159% |
| 5 | Franklin County | $1,592 | $176,700 | 1.074% |
| 6 | Oxford County | $1,707 | $192,300 | 1.094% |
| 7 | Penobscot County | $1,744 | $193,800 | 1.256% |
| 8 | Kennebec County | $1,913 | $219,900 | 1.141% |
| 9 | Androscoggin County | $2,023 | $232,000 | 1.256% |
| 10 | Waldo County | $2,041 | $239,100 | 1.084% |
| 11 | Hancock County | $2,275 | $278,400 | 0.878% |
| 12 | Knox County | $2,453 | $290,800 | 1.253% |
| 13 | Lincoln County | $2,483 | $306,200 | 0.931% |
| 14 | Sagadahoc County | $2,488 | $300,200 | 1.121% |
| 15 | York County | $2,873 | $357,200 | 1.033% |
| 16 | Cumberland County | $3,287 | $411,400 | 1.113% |
Every figure is modelled on the county's own median home with 20% down at 6.66%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Cheapest Counties to Own a Home across all 3,133 US counties · Every county in Maine