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College Costs in Waterville, ME 2026

Compare tuition, housing, and financial aid across 2 colleges in Waterville, Maine. Use our free calculator to estimate your total cost.

Avg Public Tuition

$12,100

per year

Avg Private Tuition

$40,000

per year

Avg Rent Near Campus

$819

per month

Colleges & Universities

2

institutions

Waterville Overview

Population

16,604

Student Population

1,185 (7.1%)

Cost of Living Index

103.2 (avg: 100)

Walk Score

37/100

Transit Score

12/100

Unemployment Rate

3.4%

College Cost Calculator for Waterville

Cost Inputs

Total Cost (4 Years, Public In-State)

$107,784

Total After Financial Aid

$107,784

Annual Cost

$26,946

Annual After Aid

$26,946

Cost Breakdown (4 Years)

Tuition$48,400
Room & Board$59,384

If Financed (10-Year Loan at 6.5%)

Loan Amount$107,784
Monthly Payment$1,224
Total Interest$39,080
Total Loan Cost$146,864

Universities in Waterville

UniversityTypeAnnual Tuition
Waterville State UniversityPublic$13,267
Waterville Community CollegeCommunity$5,878

Waterville has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Waterville vs. National Average

CategoryWatervilleNational AvgDifference
Public Tuition (In-State)$12,100$10,940+$1,160
Monthly Rent Near Campus$819$1,050-$231
Cost of Living Index103.2100+3.200000000000003

Waterville's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Waterville

37

Walk Score

Car-Dependent

12

Transit Score

Minimal Transit

7.1%

Student Population

1,185 students

Waterville has a total population of 16,604, with approximately 1,185 college students (7.1% of the population). While not primarily a college town, Waterville offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Waterville

$28,596

Starting Salary

3.4%

Unemployment Rate

72%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Waterville earn a median starting salary of $28,596, which is -$6,404 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $107,784 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $13,158 per student per year, the net cost and payback period can be significantly reduced.

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