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Augusta, ME vs Waterville, ME

78
Augusta
Maine
VS
-1.1%
79
Waterville
Maine

Augusta, ME and Waterville, ME have a very similar cost of living, with only a 1.1% difference in their overall index. Augusta scores 78 while Waterville scores 79 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 Augusta is $887/month compared to $957/month in Waterville — a 7% difference. Interestingly, home values tell a different story: while Augusta has cheaper rent, Waterville actually has lower median home values ($173,700 vs $188,900).

Median household income in Augusta is $48,756 compared to $47,489 in Waterville (+2.7%). Augusta offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Augusta spend roughly 21.8% of their income on rent, less than the 24.2% in Waterville.

Climate-wise, both cities share similar average temperatures (46.1°F vs 46.1°F). Waterville receives more rainfall at 41.8" per year compared to 41.8" in Augusta.

Income & Cost

Cost of Living Index
Augusta
78
1% cheaper
Waterville
79
Median Household Income
Augusta
$48,756
3% higher
Waterville
$47,489

Housing

Median Rent
Augusta
$887
7% cheaper
Waterville
$957
Median Home Value
Augusta
$188,900
Waterville
$173,700
8% cheaper
Population
Augusta
18,999
Waterville
16,704

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Augusta 46.1°F
Waterville 46.1°F
Summer High
Augusta 80°F
Waterville 80°F
Winter Low
Augusta 12°F
Waterville 12°F
Rainfall
Augusta 41.8"
Waterville 41.8"
Rainy Days
Augusta 137d
Waterville 137d