Bingham, ME vs Fryeburg, ME

The cost of living difference between Bingham, ME and Fryeburg, ME is dramatic. Bingham is 33.8% cheaper than Fryeburg, a gap that translates to thousands of dollars per year in household expenses. Bingham has a cost index of 55 while Fryeburg sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Bingham is $367/month compared to $869/month in Fryeburg — a 58% difference. Home values follow the same pattern: Bingham is more affordable at $108,900 median vs $268,100.

Median household income in Bingham is $53,750 compared to $61,944 in Fryeburg (-13.2%). Fryeburg does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bingham spend roughly 8.2% of their income on rent, less than the 16.8% in Fryeburg.

Climate-wise, Fryeburg is notably warmer with an average of 44.7°F compared to 41.2°F in Bingham. Fryeburg receives more rainfall at 46.9" per year compared to 44.5" in Bingham.