Bingham, ME vs East Millinocket, ME
Bingham, ME and East Millinocket, ME have a very similar cost of living, with only a 3.3% difference in their overall index. Bingham scores 55 while East Millinocket scores 57 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 Bingham is $367/month compared to $625/month in East Millinocket — a 41% difference. Interestingly, home values tell a different story: while Bingham has cheaper rent, East Millinocket actually has lower median home values ($73,900 vs $108,900).
Median household income in Bingham is $53,750 compared to $44,306 in East Millinocket (+21.3%). Bingham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bingham spend roughly 8.2% of their income on rent, less than the 16.9% in East Millinocket.
Climate-wise, both cities share similar average temperatures (41.2°F vs 42.8°F). Bingham receives more rainfall at 44.5" per year compared to 42.6" in East Millinocket.
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Climate
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