Camden, ME vs Falmouth, ME
There is a significant gap in the cost of living between these two cities. Camden is 24.3% cheaper than Falmouth. With a cost index of 106 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Camden to Falmouth should plan for substantially higher expenses across most categories.
On the housing front, median rent in Camden is $1,064/month compared to $1,441/month in Falmouth — a 26% difference. Home values follow the same pattern: Camden is more affordable at $473,800 median vs $737,300.
Median household income in Camden is $80,897 compared to $89,625 in Falmouth (-9.7%). Falmouth 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 Camden spend roughly 15.8% of their income on rent, less than the 19.3% in Falmouth.
Climate-wise, both cities share similar average temperatures (45.9°F vs 47.5°F). Falmouth receives more rainfall at 48.1" per year compared to 46.7" in Camden.
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