Cost of Living in Waterville
Waterville's cost of living runs genuinely, substantially below national and Maine averages on housing, though a real, elevated property tax rate offsets some of that savings.
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Learn moreSubstantially affordable housing
Waterville's median list price (~$289,000) runs well below both the ~$408,776 national median and Maine's own ~$421,966 statewide average.
A real, elevated property tax rate
Waterville's effective property tax rate (~2.00%) runs notably above both the national median (~1.02%) and Maine's own statewide average (~1.10%).
Rising rent
Average rent ran approximately $1,478/month, up a real 5.83% year-over-year.
Key takeaways
- Waterville's housing purchase prices run substantially below national and Maine averages.
- A real, elevated property tax rate offsets some of that purchase-price savings.
- Rent has risen a real, disclosed 5.83% year-over-year.
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