Cost of Living in Castine, ME
Population: 926 | Maine
Castine is 29% more expensive than the national average.
Cost of Living in Castine, ME: What You Need to Know
With a cost of living index of 129, Castine, ME is a notably expensive place to live. Living here is 29% more expensive than the national average and 43% above the Maine state average of 87. Castine is a small community of 926 residents.
The median household income in Castine is $143,229, which is 91% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
Climate is another factor for anyone considering a move to Castine. The area sees an average annual temperature of 45°F, with summers averaging 67°F and winters around 22°F. Annual rainfall totals 41.7 inches spread over roughly 134 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
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.
Income
- Median Household Income
- $143,229
- vs US Median ($75,149)
- +91%
Housing
- Median Home Value
- $658,200
- Median Monthly Housing Cost
- $1,724/mo
Climate in Castine
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 28 | 31 | 40 | 53 | 66 | 75 | 80 | 79 | 71 | 58 | 46 | 35 |
| Avg °F | 19 | 21 | 31 | 43 | 55 | 64 | 70 | 68 | 60 | 48 | 37 | 26 |
| Low °F | 9 | 11 | 21 | 32 | 43 | 53 | 59 | 57 | 49 | 38 | 29 | 17 |
| Rain" | 3.2 | 2.4 | 3.2 | 3.6 | 3.3 | 3.9 | 3.2 | 3.1 | 3.8 | 4.6 | 3.8 | 3.7 |