Cambridge, ME Utility & Living Guide

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Tier 3 Location

Cambridge, ME Utility & Living Guide

Living in Cambridge, ME offers a tranquil and picturesque environment with a strong sense of community.

Last updated: June 26, 2026
Total Utilities$300/mo
1BR Rent$1000/mo
Sales Tax5.5%
COL Index105 (+5% above national average)
Family Score7/10
Median Home$280,000
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⚠️ Natural Hazard History — Cambridge
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$150/mo

Central Maine Power
🔥 Gas

N/A - Electric only
💧 Water

$50/mo

Cambridge Water District
🗑️ Garbage

$30/mo

Waste Management
📶 Internet

$70/mo

Combined Average Overhead $300/month

Housing Market

Rent & Property
1 Bedroom$1000/mo
2 Bedrooms$1400/mo
3 Bedrooms$2000/mo
Median Home Price$280,000
Property Tax Rate1.5%
Avg Childcare/mo$1200

The housing market in Cambridge is relatively stable, with a mix of old and new homes available for purchase or rent. The town has a few small subdivisions and some rural areas with larger properties. Home prices have been steadily increasing over the past few years.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1200

Tax Rates

Tax Overview
Total Sales Tax5.5%
Property Tax Rate1.5%
<p>State 5.5% + no County or City tax</p>

Maine has a state income tax with a top rate of 7.95%, and Cambridge residents are subject to this tax.

Family & Relocation

Family Vibe Score
7/10
Safety Index

60

Higher = safer
School Rating

7/10

GreatSchools avg
Avg Childcare

$1200/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Purple description, with a mix of Republican and Democratic voters
Business Momentum
Moderate, with key industries in tourism, agriculture, and small manufacturing
Top Local Concerns
Property taxes, road maintenance, internet connectivity
🚌 Transit for Families

The town has limited public transportation, but the roads are generally stroller-friendly and sidewalks are available in the village center.

🎡 Top Kid Attractions
  • 🎯
    Cambridge Town Park
  • 🎯
    Moosehead Lake
  • 🎯
    Bingham Riverwalk

Best Neighborhoods for Families

The village center and surrounding neighborhoods offer a mix of old and new homes, with easy access to the town park and local amenities. The rural areas have larger properties and a more secluded atmosphere, but may require a longer commute to town.

Household Budget Calculator

Estimate your real monthly cost of living in Cambridge based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

The town has regulations regarding zoning, building permits, and environmental protection.

The current financial trend in Cambridge is a growing demand for rural properties and outdoor recreational activities, driving up property values. Additionally, the town is seeing an increase in small businesses and entrepreneurship, particularly in the tourism and hospitality sectors.

Financial Tools

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📊 Cambridge — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Cambridge fluctuate significantly with the seasons, with higher electricity bills in the winter due to heating and lower bills in the summer. However, the town's rural location and limited public transportation mean that residents may need to rely on personal vehicles, which can increase transportation costs year-round.

🏛️ Local Tax Details

The ZIP code 04923 has a property tax millage rate of 15.5, with no local surtaxes

👶 Family & Stroller Friendliness

6, due to the limited sidewalks and lack of public transportation, but the village center has some stroller-friendly areas and the town park is accessible

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