Cost of Living in York Harbor, ME

With a cost of living index of 121, York Harbor, ME is a notably expensive place to live. Living here is 21% more expensive than the national average and 34% above the Maine state average of 87. York Harbor is a small community of 3,853 residents.

Housing costs are the biggest factor in York Harbor's cost of living. The median monthly rent is $1,258 (5% below the US median of $1,319), and the median home value sits at $561,700 (84% above the national median of $304,900). At current prices, the median home costs roughly 6.1x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in York Harbor is $91,675, which is 22% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to York Harbor. The area sees an average annual temperature of 47.1°F, with summers averaging 67°F and winters around 26°F. Annual rainfall totals 47.8 inches spread over roughly 140 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Portland-South Portland, 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.