Cape Neddick, ME vs Yarmouth, ME

Yarmouth is moderately more affordable than Cape Neddick, with a 8.9% lower cost of living index. Cape Neddick scores 141 compared to 129 for Yarmouth, where the US average is 100. This difference means residents of Cape Neddick can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cape Neddick is $1,723/month compared to $1,694/month in Yarmouth — a 2% difference. Home values follow the same pattern: Yarmouth is more affordable at $506,300 median vs $636,100.

Median household income in Cape Neddick is $98,113 compared to $92,311 in Yarmouth (+6.3%). 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, less than the 22% in Yarmouth.

Climate-wise, both cities share similar average temperatures (47.1°F vs 47.5°F). Yarmouth receives more rainfall at 48.1" per year compared to 47.8" in Cape Neddick.