York-Kittery-South Berwick, ME vs Penobscot County, ME
A 2-bedroom in Penobscot County costs $810 less per month than York-Kittery-South Berwick ($1,392 vs $2,202). Median income is $88,602 in York-Kittery-South Berwick and $63,248 in Penobscot County. That's a difference of $9,720 per year in housing costs.
Side-by-Side Comparison
| Metric | York-Kittery-South Berwick | Penobscot County |
|---|---|---|
| Studio FMR | $1,518 | $982 |
| 1BR FMR | $1,678 | $1,061 |
| 2BR FMR | $2,202 | $1,392 |
| 3BR FMR | $2,640 | $1,799 |
| 4BR FMR | $3,694 | $2,010 |
| Median Income | $88,602 | $63,248 |
| Rent Burden | 29.8% | 26.4% |
| Actual Median Rent | $1,384 | $997 |
| Median Home Value | $379,500 | $193,800 |
| Population | 558K | 154K |
| Renter % | 26.9% | 29.7% |
| Vacancy Rate | 16.9% | 14.1% |
| Poverty Rate | 7.6% | 13.5% |
| Unemployment | - | 3.4% |
| YoY Change | +29.8% | +33.5% |
| Min Wage | $14.65/hr | $14.65/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Penobscot County, ME is more affordable with a 2BR FMR of $1,392/mo, which is $810 less than York-Kittery-South Berwick at $2,202/mo. However, when considering local incomes, York-Kittery-South Berwick has a rent burden of 29.8% vs 26.4% in Penobscot County.
A 2-bedroom in York-Kittery-South Berwick, ME costs $2,202/mo at Fair Market Rent, while in Penobscot County, ME it's $1,392/mo, a difference of $810/mo or $9,720/year.
To afford a 2BR without spending more than 30% of income on rent: York-Kittery-South Berwick requires $88,080/year ($42/hr). Penobscot County requires $55,680/year ($27/hr).