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Squirrel Island, ME Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$150/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1000/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $380,000 |
| Property Tax Rate | 1.1% |
| Avg Childcare/mo | $1200 |
The housing market in Squirrel Island is characterized by a mix of seasonal and year-round homes, with prices ranging from affordable to luxury. The island’s limited inventory and high demand drive up prices. Rentals are scarce, especially during peak season.
Cost of Living
110
+10% above national average
105
90
95
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.5% |
| Property Tax Rate | 1.1% |
| <p>State 5.5% + no county or city tax</p> | |
Maine state income tax ranges from 5.2% to 7.95%, with no local income tax
Family & Relocation
60
7.5/10
$1200/mo
City Pulse
The island has limited public transportation, but most areas are walkable and bikeable, with some stroller-friendly sidewalks and paths.
- Squirrel Island Beach
- Boothbay Harbor Aquarium
- Pemaquid Point Lighthouse
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Squirrel Island based on your household profile.
📰 Live Local News
Strict zoning laws and environmental regulations protect the island’s natural beauty and character.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Squirrel Island — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Squirrel Island fluctuate significantly with the seasons, with higher electricity bills in the summer due to air conditioning and higher heating oil bills in the winter. Residents can expect to pay around 20% more for utilities during the peak summer and winter months.
🏛️ Local Tax Details
The ZIP code 04570 has a property tax millage rate of 12.5, with no local surtaxes. Lincoln County, where Squirrel Island is located, has a relatively low tax burden compared to other parts of Maine.
👶 Family & Stroller Friendliness
Score 7/10: while the island has some stroller-friendly sidewalks and paths, the lack of public transportation and limited accessibility in some areas can make it challenging for families with strollers.
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