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Cambridge, ME Utility & Living Guide
Living in Cambridge, ME offers a tranquil and picturesque environment with a strong sense of community.
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 | $280,000 |
| Property Tax Rate | 1.5% |
| 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
105
+5% above national average
102
98
100
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.5% |
| Property Tax Rate | 1.5% |
| <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
60
7/10
$1200/mo
City Pulse
The town has limited public transportation, but the roads are generally stroller-friendly and sidewalks are available in the village center.
- Cambridge Town Park
- Moosehead Lake
- Bingham Riverwalk
Best Neighborhoods for Families
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.
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
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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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