Cape Neddick, ME vs Topsham, ME

The cost of living difference between Cape Neddick, ME and Topsham, ME is dramatic. Topsham is 39.2% cheaper than Cape Neddick, a gap that translates to thousands of dollars per year in household expenses. Cape Neddick has a cost index of 141 while Topsham sits at 101, 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 Cape Neddick is $1,723/month compared to $1,211/month in Topsham — a 42% difference. Home values follow the same pattern: Topsham is more affordable at $341,800 median vs $636,100.

Median household income in Cape Neddick is $98,113 compared to $80,545 in Topsham (+21.8%). The higher salaries in Cape Neddick partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cape Neddick spend roughly 21.1% of their income on rent, more than the 18% in Topsham.

Climate-wise, both cities share similar average temperatures (47.1°F vs 45.7°F). Topsham receives more rainfall at 50" per year compared to 47.8" in Cape Neddick.