Much like its nearby areas, it's significantly less expensive compared to the rest of the nation. Compared to the city of Presque Isle however, it is a bit less expensive.
Home prices
The median home value in Caribou is $90,700. In comparison to its nearby areas this is approximately $940 (1%) higher.In comparison to the US as a whole it is about $126,800 (58%) lower, and compared to the city of Presque Isle is approximately $24,700 (21%) lower.
Rents
In Caribou the median monthly rent is $598. In comparison to other places in this area it is about $60 (11%) higher.It is approximately $464 (43%) lower in comparison to the nation as a whole, and in comparison to the city of Presque Isle it is approximately $6 (1%) higher.
Nearby places
Limestone
Limestone is about 6 miles northeast of Caribou. Housing prices there are a little less expensive. The value of the median home in Limestone is $73,100, which comes out to $17,600 (24%) lower than Caribou. Its rents are a little more expensive. Limestone's median monthly rent is $816, which is $218 (26%) higher than Caribou.
Washburn
Washburn is approximately 7 miles southwest from Caribou. The housing prices there are a little less expensive. The value of the median home in Washburn is $74,000, which works out to $16,700 (22%) lower than Caribou. Rent there is substantially less expensive. Washburn's median monthly rent is $430, which comes out to $168 (39%) lower than Caribou.
Fort Fairfield
Fort Fairfield is roughly 8 miles southeast of Caribou. Housing prices there are similar. Fort Fairfield's median home cost is $92,100, which comes out to $1,400 (1%) higher than Caribou. The rent there is a lot less expensive. The median rent in Fort Fairfield is $334 per month, which is $264 (79%) lower than Caribou.
Mapleton
Mapleton is approximately 12 miles southwest from Caribou. The real estate prices there are a lot more expensive. The median home in Mapleton is valued at $135,200, which works out to $44,500 (32%) higher than Caribou. Its rents are a bit less expensive. The median monthly rent in Mapleton is $565, which comes out to $33 (5%) lower than Caribou.
Van Buren
Van Buren is approximately 18 miles north of Caribou. The housing prices there are a little less expensive. Van Buren's median home value is $74,400, which works out to $16,300 (21%) lower than Caribou. Rents there are a bit less expensive. In Van Buren the median rent is $547 per month, which comes out to $51 (9%) lower than Caribou.