States › Maine › Yarmouth

Is Yarmouth, ME expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,9169% higher than U.S. average
💵 Families earn per year (2026)$100,921about $8,410/month · 16% higher than U.S. average
🔑 House price$576,90073% higher than U.S. average

Rent is higher than in 64% of U.S. cities. A typical house costs about 5.7 years of household income. It is a highly educated city: 62.8% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $76,640 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other Maine cities?

No. Rent here is more expensive than in most of Maine. It is number 28 of 34 cities from cheapest to most expensive.

Yarmouth
$1,916
Kennebunk
$1,618
Gardiner
$1,397
Skowhegan
$991
Winslow
$1,143
Belfast
$1,061
Oak Hill
$1,923

How much do households earn in Yarmouth?

Under $25k
8.4%
$25k–50k
19.9%
$50k–100k
33.4%
$100k–150k
16.2%
$150k+
21.8%

Share of households by yearly income. 38.0% of households earn $100,000 or more.

Rent by apartment size in Yarmouth

SizeYarmouthU.S. average
1 bedroom$1,767$1,324
2 bedrooms$2,015$1,509
3 bedrooms$2,153$1,698

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

How expensive is Yarmouth 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 Yarmouth, so the Maine figure is shown.

Taxes and bills in Yarmouth

🏛️ Property tax$6,643a year · 1.15% of home value · U.S. $3,119
⚡ Electric bill$127a month (typical) · U.S. $156

Life in Yarmouth

Commute to work25.5 minU.S.: 26.4 min
College degree62.8%U.S.: 35.7%
Own their home73.8%U.S.: 65.2%
Below poverty line12.9%U.S.: 12.5%
Unemployment5.5%U.S.: 5.2%

Is it cheaper to rent or buy in Yarmouth?

Renting is cheaper right now: about $2,087 a month less.

Renting
$1,916
Owning
$4,003

Owning assumes a typical $576,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $57,690 for the down payment.

Frequently asked questions

What is the average rent in Yarmouth, ME?

Renting in Yarmouth costs a median of about $1,916 a month in 2026, including utilities. The Maine median is $1,452.

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

To keep rent under 30% of income, you need about $76,640 a year, or $37 an hour at a full-time job.

Is Yarmouth cheap or expensive?

Yarmouth is rated OK: rent takes 22.8% of the typical household income of $100,921. It ranks 28th cheapest of 34 Maine cities we track.

How much are property taxes in Yarmouth?

The median homeowner in Yarmouth pays $6,643 a year in property taxes, about 1.15% of the median home value.

Is Yarmouth 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 Yarmouth?

The median home value in Yarmouth is $576,900, about 5.7 times the typical yearly household income.

6,289 people live in Yarmouth. Numbers are typical (middle) values.