Caribou, ME vs Lisbon Falls, ME
There is a significant gap in the cost of living between these two cities. Caribou is 22.8% cheaper than Lisbon Falls. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caribou to Lisbon Falls should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caribou is $696/month compared to $1,028/month in Lisbon Falls — a 32% difference. Home values follow the same pattern: Caribou is more affordable at $120,300 median vs $237,800.
Median household income in Caribou is $54,271 compared to $71,513 in Lisbon Falls (-24.1%). While Lisbon Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caribou spend roughly 15.4% of their income on rent, less than the 17.3% in Lisbon Falls.
Climate-wise, Lisbon Falls is notably warmer with an average of 45.7°F compared to 40.7°F in Caribou. Lisbon Falls receives more rainfall at 50" per year compared to 40.7" in Caribou.
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