Cost of living in Presque Isle
Presque Isle, located in the state of Maine, offers a unique blend of small-town charm and natural beauty. Understanding the cost of living in this city is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $45.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer costs $3.5, imported beer $5, cappuccino $4.5, and Coke/Pepsi $2.5.
Grocery Prices
- Milk - Milk is priced at $1.13 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $4.96.
- Eggs (Dozen) - A dozen eggs cost $3.
- Fruits (e.g., Apples) - Apples cost $19.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $5.51 per kg, and lettuce costs $3 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced at $0.86 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs $25,000, while a Toyota Corolla is priced at $30,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $750.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $650.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1200.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $600.
- Internet - Internet services cost $85.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs $55.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Presque Isle offers a relatively affordable cost of living compared to larger cities, with moderate housing and dining expenses.
Transportation costs are reasonable, especially for those who own a vehicle, given the lower gasoline prices.
Grocery prices can vary, with some items like apples being notably higher, which may impact monthly budgets.
Conclusion
In conclusion, Presque Isle provides a balanced cost of living that can appeal to both individuals and families looking for a quieter lifestyle.
While some grocery items may be on the higher side, the overall expenses, including housing and utilities, remain manageable.
Prospective residents should consider these factors when planning their move to ensure a comfortable and financially sustainable living experience.