Cost of Living in Bradley, ME

With a cost of living index of 78, Bradley, ME is a very affordable place to live. Living here is 22% cheaper than the national average and 9% below the Maine state average of 87. Bradley is a small community of 872 residents.

Housing costs are the biggest factor in Bradley's cost of living. The median monthly rent is $1,052 (20% below the US median of $1,319), and the median home value sits at $162,900 (47% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Bradley is $61,625, which is 18% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Bradley. The area sees an average annual temperature of 43.2°F, with summers averaging 65°F and winters around 20°F. Annual rainfall totals 44.4 inches spread over roughly 147 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Bangor, ME (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.