Cost of Living in Bar Harbor

Bar Harbor's cost of living runs genuinely, substantially above national medians, driven heavily by tourism-influenced housing costs.

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Housing runs substantially above the national median

Cited home values ran approximately $615,000 to $732,000 depending on source, well above the ~$408,776 national median.

A real, documented rental-affordability crisis

Hancock County reported zero affordable-housing permits countywide in 2025, and local wages have fallen behind soaring real estate prices.

A near-average property tax rate

Bar Harbor's combined mill rate (10.16 mills, ~1.02% effective) runs close to the national median.

Key takeaways

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Read the full Bar Harbor overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.