Cost of Living in Oak Hill, ME
Cost of Living in Oak Hill, ME has an overall index of 112, 12% above the U.S. baseline of 100. The typical home value is $404,600; typical monthly rent is $1,618; and median household income is $92,967.
Cost index: committed city housing/rent inputs and BEA 2024 state nonmetro price parities. Home value: Census ACS 2023 fallback place estimate. Rent: Census ACS 2023 fallback place estimate. A place-level signal, not a personal affordability decision or financial recommendation.
Housing costs sit well above the national baseline. This describes the local market, not your household.
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Frequently asked questions about Oak Hill
Living in Oak Hill
Is Oak Hill, ME an expensive place to live?+
Yes — Oak Hill is about 12% more expensive than the national average, with an overall Cost Index of 112. Housing is the biggest factor: the typical home here is valued around $404,600, and monthly rents average roughly $1,618. Day-to-day costs like groceries and utilities tend to run closer to the national norm.
How does Oak Hill fit a household housing budget?+
Start with housing. Typical monthly rent is $1,618, while local median household income is $92,967. That implies a rent-burden proxy of about 21% before utilities and other costs. Use that as a planning signal for whether the place looks manageable under your own household assumptions.
How much are taxes in Oak Hill, ME?+
Maine uses an approximate state-income-tax planning model; 7.15% is top marginal-rate context from the tax snapshot. Applying the 1.36% state-level effective owner-occupied proxy to a home worth $404,600 gives a planning estimate near $5,503 per year; it is not a city, county, parcel, or individual tax bill. State plus average local sales-tax context is around 5.5%.
How much does it cost to rent in Oak Hill, ME?+
The typical monthly rent in Oak Hill is around $1,618. That's about 20% higher than the $1,348 national median. For comparison, the median home value here is $404,600, so buyers should also factor in mortgage payments, property taxes, and insurance.
How much does a house cost in Oak Hill, ME?+
The typical home value in Oak Hill is $404,600. With 20% down and the committed 6.11% national 30-year fixed benchmark as of 2026-03-12, principal and interest are roughly $1,964/month before property tax and insurance. This is a planning estimate, not a local lender quote. About 73% of residents here own their homes.
Are groceries and utilities expensive in Oak Hill?+
Grocery prices in Oak Hill are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 88). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.
What is Oak Hill, ME like to live in?+
Oak Hill is a small town with a population of about 5,365. The median age of residents is 48.9, skewing somewhat older — common in established suburban communities. The local poverty rate is 3.3%, well below the national average of 12.4%.
