Cape Neddick, ME vs Kennebunk, ME

There is a significant gap in the cost of living between these two cities. Kennebunk is 23% cheaper than Cape Neddick. With a cost index of 115 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Kennebunk to Cape Neddick should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cape Neddick is $1,723/month compared to $1,411/month in Kennebunk — a 22% difference. Home values follow the same pattern: Kennebunk is more affordable at $429,600 median vs $636,100.

Median household income in Cape Neddick is $98,113 compared to $93,167 in Kennebunk (+5.3%). Cape Neddick 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 Cape Neddick spend roughly 21.1% of their income on rent, more than the 18.2% in Kennebunk.

Climate-wise, both cities share similar average temperatures (47.1°F vs 47.7°F). Cape Neddick receives more rainfall at 47.8" per year compared to 41.2" in Kennebunk.