Boothbay Harbor, ME vs Madison, ME

There is a significant gap in the cost of living between these two cities. Madison is 23.4% cheaper than Boothbay Harbor. With a cost index of 68 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madison to Boothbay Harbor should plan for substantially higher expenses across most categories.

On the housing front, median rent in Boothbay Harbor is $677/month compared to $880/month in Madison — a 23% difference. Interestingly, home values tell a different story: while Boothbay Harbor has cheaper rent, Madison actually has lower median home values ($70,800 vs $339,300).

Median household income in Boothbay Harbor is $57,679 compared to $43,095 in Madison (+33.8%). While Boothbay Harbor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Boothbay Harbor spend roughly 14.1% of their income on rent, less than the 24.5% in Madison.

Climate-wise, both cities share similar average temperatures (45.9°F vs 46.1°F). Boothbay Harbor receives more rainfall at 46.7" per year compared to 41.8" in Madison.