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Cost of Living in Fryeburg

Is it better to rent or buy in Fryeburg? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$56,076
$893/mo

Median in area: $893

$268,600

Median in area: $268,600

$53,720

If you Rent

$1,082 /mo
Base Rent$893
Est. Utilities$189
% of Income23.2%
Pre-tax Residual$3,591

If you Buy

$1,922 /mo
P&I (6.842%)$1,407
Taxes & Ins$326
Est. Utilities$189
% of Income41.1%
Pre-tax Residual$2,751

Cost of Living FAQs

Is it cheaper to rent or buy in Fryeburg?

Based on median housing data, renting is currently more affordable on a monthly basis in Fryeburg. The estimated all-in monthly cost for renting is $1,082, while owning a median-priced home with a 20% down payment is roughly $1,922 per month (a difference of $840).

How much do utilities cost in Fryeburg?

The average monthly utility cost (electricity and natural gas) for a typical home in Fryeburg is approximately $189. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Fryeburg?

To comfortably afford the median rent and utilities in Fryeburg without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,280 per year.