States › Maine › Skowhegan

Is Skowhegan, ME expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$99144% lower than U.S. average
💵 Families earn per year (2026)$48,951about $4,079/month · 44% lower than U.S. average
🔑 House price$156,40053% lower than U.S. average

Rent is lower than in 88% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $39,640 a year. That is $19 an hour at a full-time job.

Is rent cheaper than other Maine cities?

Yes. Rent here is cheaper than in most of Maine. It is number 2 of 34 cities from cheapest to most expensive.

Skowhegan
$991
Belfast
$1,061
Rockland
$1,498
Yarmouth
$1,916
Kennebunk
$1,618
Topsham
$1,645
Gardiner
$1,397

How much do households earn in Skowhegan?

Under $25k
27.4%
$25k–50k
32.8%
$50k–100k
28.1%
$100k–150k
5.8%
$150k+
3.1%

Share of households by yearly income. 8.9% of households earn $100,000 or more.

Rent by apartment size in Skowhegan

SizeSkowheganU.S. average
1 bedroom$899$1,324
2 bedrooms$1,012$1,509
3 bedrooms$1,085$1,698
4 bedrooms$1,628$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Skowhegan overall?

Everyday prices in Maine overall are 3% below the U.S. average (index 97.0, U.S. = 100).

Housing
79
Goods (food, clothes…)
97
Utilities
135
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Skowhegan, so the Maine figure is shown.

Taxes and bills in Skowhegan

🏛️ Property tax$1,820a year · 1.16% of home value · U.S. $3,119
⚡ Electric bill$129a month (typical) · U.S. $156

Life in Skowhegan

Commute to work23.2 minU.S.: 26.4 min
College degree20.1%U.S.: 35.7%
Own their home63.1%U.S.: 65.2%
Below poverty line14.8%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Skowhegan?

Renting is cheaper right now: about $94 a month less.

Renting
$991
Owning
$1,085

Owning assumes a typical $156,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,640 for the down payment.

Frequently asked questions

What is the average rent in Skowhegan, ME?

Renting in Skowhegan costs a median of about $991 a month in 2026, including utilities. The Maine median is $1,452.

How much do I need to make to live in Skowhegan?

To keep rent under 30% of income, you need about $39,640 a year, or $19 an hour at a full-time job.

Is Skowhegan cheap or expensive?

Skowhegan is rated OK: rent takes 24.3% of the typical household income of $48,951. It ranks 2nd cheapest of 34 Maine cities we track.

How much are property taxes in Skowhegan?

The median homeowner in Skowhegan pays $1,820 a year in property taxes, about 1.16% of the median home value.

Is Skowhegan more expensive than the national average?

Overall prices in Maine are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Skowhegan?

The median home value in Skowhegan is $156,400, about 3.2 times the typical yearly household income.

6,662 people live in Skowhegan. Numbers are typical (middle) values.