Alfred, ME vs Veazie, ME
Alfred, ME and Veazie, ME have a very similar cost of living, with only a 0.8% difference in their overall index. Alfred scores 89 while Veazie scores 90 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Alfred is $764/month compared to $1,103/month in Veazie — a 31% difference. Interestingly, home values tell a different story: while Alfred has cheaper rent, Veazie actually has lower median home values ($294,600 vs $359,800).
Median household income in Alfred is $32,476 compared to $78,182 in Veazie (-58.5%). While Veazie is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alfred spend roughly 28.2% of their income on rent, more than the 16.9% in Veazie.
Climate-wise, Alfred is notably warmer with an average of 47.7°F compared to 43.2°F in Veazie. Veazie receives more rainfall at 44.4" per year compared to 41.2" in Alfred.
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Climate
NOAA 30-year normals (1991-2020)