Topsham, ME Cost Of Living
Cost Of Living In Topsham, ME Summary
Cost of living in Topsham research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Topsham is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Maine, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Topsham is 109, with 100 being the average.
The cost of living index in Topsham is 1.1x higher than the national average.
Topsham ranks as the #22 cheapest in Maine out of 29.
Topsham ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Topsham is $259,500.
The median income in Topsham is $70,268.
Table Of Contents
Topsham's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Topsham, ME?
According to the most recent data on the cost of living, Topsham has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Maine, Topsham has a cost of living index that's 1.0x lower than Maine's index of 112.
The standard of living in Topsham ranks as #22 most affordable out of the 29 places we measured in Maine. By definition, that implies Topsham ranks as the #7 most expensive place in the Pine Tree State.
For more reading on life in Topsham, check out:
- Living In Topsham
- Topsham Crime Report
- Search Homes For Sale In Topsham, ME
In Maine
In America
Topsham Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Topsham. Here is how it fairs on each of the criteria:
The Services index in Topsham is 110.
The Groceries index in Topsham is 103.
The Health index in Topsham is 115.
The Housing index in Topsham is 108.
The Transportation index in Topsham is 103.
The Utilities index in Topsham is 107.
| Living Expense | Topsham | Maine | National Average | |
|---|---|---|---|---|
| Overall | 109 | 112 | 100 | |
| Services | 110 | 114 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 115 | 97 | 100 | |
| Housing | 108 | 120 | 100 | |
| Transportation | 103 | 116 | 100 | |
| Utilities | 107 | 104 | 100 | |
Topsham, ME Housing Cost Breakdown
Housing swings affordability the most between places in Maine, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Topsham is $259,500.
The Median Rent in Topsham is $991.
The Median Income in Topsham is $70,268.
The Home Value To Income in Topsham is 3.7x.
The Rent To Monthly Income in Topsham is 0.17x.
| Statistic | Topsham | Maine | United States |
|---|---|---|---|
| Median Home Value | $259,500 | $212,100 | $244,900 |
| Median Rent | $991 | $927 | $1,163 |
| Median Income | $70,268 | $63,182 | $69,021 |
| Home Value To Income | 3.7x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Topsham, ME Costs By Category
Detailed Topsham Services Costs Vs. Maine
Detailed Topsham Groceries Costs Vs. Maine
Detailed Topsham Health Costs Vs. Maine
Detailed Topsham Transportation Costs Vs. Maine
Detailed Topsham Utilities Costs Vs. Maine
Topsham SnackAbility
/10
Cost Of Living In Cities Around Topsham
The cost of living varies in the cities and towns around Topsham. Here's a quick look at the cost of living in the most populous nearby places:
Lewiston, ME has a cost of living index of 97, 0.9x Topsham.
Auburn, ME has a cost of living index of 97, 0.9x Topsham.
Brunswick, ME has a cost of living index of 103, 0.9x Topsham.
| City | Population | Cost Of Living | Vs. Topsham |
|---|---|---|---|
| Lewiston, ME | 36,615 | 97 | 0.9x |
| Auburn, ME | 23,790 | 97 | 0.9x |
| Brunswick, ME | 16,554 | 103 | 0.9x |
| Bath, ME | 8,718 | 102 | 0.9x |
| Yarmouth, ME | 6,043 | 121 | 1.1x |
| Gardiner, ME | 5,944 | 97 | 0.9x |
