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Old 02-27-2014, 11:13 AM
 
8 posts, read 13,955 times
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Good to know, TWIS. We would be looking to rent on the peninsula because my wife won't be driving and she'll have to take the kids to school, playgrounds, etc.
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Old 02-28-2014, 02:27 PM
 
Location: Scarborough, ME
177 posts, read 371,699 times
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My house is about 2500 sq ft and we need about 850 gallons of oil per year. This year, that will mean about $3000 or so. So $250/mo. My electricity bill is over $120/month as well. On the flip side, we paid a ton in DC for air conditioning in the summer.

I'm not sure why food costs so much here. I'm sure it has to do with the price to truck it up this far north.

Good luck
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Old 02-28-2014, 02:30 PM
 
Location: Scarborough, ME
177 posts, read 371,699 times
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Quote:
Originally Posted by Three Wolves In Snow View Post
Anyway, if you were to make $100,000 in NYC, and you move to Maine with a 20% pay cut, trust me, you are going to be living large on $80,000. (As an example.)
Not sure I agree with this. Obviously, everything depends on your lifestyle, but I would never say that one is living large at $80k or even $100k. It's more expensive to live here than I expected it would be.
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Old 03-04-2014, 08:14 AM
 
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Thanks for all your help everybody!
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Old 04-02-2014, 01:09 PM
 
33 posts, read 38,881 times
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Wondering when you are planning to move, if you still are. We are planning a similar journey, but not until 2016. I'd love to keep in touch and see what you learn and vice versa.
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Old 04-20-2014, 12:55 PM
 
1,594 posts, read 3,663,598 times
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Quote:
Originally Posted by rossco17 View Post
Not sure I agree with this. Obviously, everything depends on your lifestyle, but I would never say that one is living large at $80k or even $100k. It's more expensive to live here than I expected it would be.
Seriously? If we were making $80,000 a year, we'd be waaay ahead! Unless, of course, we had a megamortgage on a McMansion, which we don't.

Anyway, a lot of prices here are far below NYC levels, starting with groceries and going up to real estate. Our daughter lives in Manhattan, and she can't believe the prices up here compared to there. She always goes back with a suitcase stuffed full of supplies that cost 10-25 percent less than down there. She even plans her trips home so she can get her hair done up here -- she gets the same quality for a quarter of what it costs in Manhattan. Her monthly rent on a studio apartment on the Upper East Side is almost three times our mortgage payment on a 3-bedroom house with garage. NYC is one of the most expensive cities in the world to live in.
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Old 04-21-2014, 04:33 PM
Q44
 
Location: Hudson Valley, NY
895 posts, read 840,053 times
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Quote:
Originally Posted by Coaster View Post
Seriously? If we were making $80,000 a year, we'd be waaay ahead! Unless, of course, we had a megamortgage on a McMansion, which we don't.

Anyway, a lot of prices here are far below NYC levels, starting with groceries and going up to real estate. Our daughter lives in Manhattan, and she can't believe the prices up here compared to there. She always goes back with a suitcase stuffed full of supplies that cost 10-25 percent less than down there. She even plans her trips home so she can get her hair done up here -- she gets the same quality for a quarter of what it costs in Manhattan. Her monthly rent on a studio apartment on the Upper East Side is almost three times our mortgage payment on a 3-bedroom house with garage. NYC is one of the most expensive cities in the world to live in.
Manhattan prices are higher than I paid living in Queens. My daughter is in college in NYC and she'll bring groceries and supplies from our home in the burbs to try to save a few bucks. I don't know what your mortgage is but I know what a studio apartment on the UES goes for. Kinda apples and oranges. A lot more than square footage to factor in to it. Personally we were once again thinking about retiring in Maine and I was somewhat surprised by the prices in some of the nice towns outside Portland. Maine is definitely less expensive than Manhattan but certain towns are comparable to the NYC suburbs in just about everything except taxes.
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