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Belfast, ME vs Waterville, ME

91
Belfast
Maine
VS
+15.1%
79
Waterville
Maine

There is a significant gap in the cost of living between these two cities. Waterville is 15.1% cheaper than Belfast. With a cost index of 79 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waterville to Belfast should plan for substantially higher expenses across most categories.

On the housing front, median rent in Belfast is $986/month compared to $957/month in Waterville — a 3% difference. Home values follow the same pattern: Waterville is more affordable at $173,700 median vs $307,700.

Median household income in Belfast is $61,322 compared to $47,489 in Waterville (+29.1%). While Belfast is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Belfast spend roughly 19.3% of their income on rent, less than the 24.2% in Waterville.

Climate-wise, both cities share similar average temperatures (45°F vs 46.1°F). Waterville receives more rainfall at 41.8" per year compared to 41.7" in Belfast.

Income & Cost

Cost of Living Index
Belfast
91
Waterville
79
13% cheaper
Median Household Income
Belfast
$61,322
23% higher
Waterville
$47,489

Housing

Median Rent
Belfast
$986
Waterville
$957
3% cheaper
Median Home Value
Belfast
$307,700
Waterville
$173,700
44% cheaper
Population
Belfast
6,985
Waterville
16,704

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Belfast 45°F
Waterville 46.1°F
Summer High
Belfast 80°F
Waterville 80°F
Winter Low
Belfast 9°F
Waterville 12°F
Rainfall
Belfast 41.7"
Waterville 41.8"
Rainy Days
Belfast 134d
Waterville 137d