Caribou, ME vs Lisbon, ME
There is a significant gap in the cost of living between these two cities. Caribou is 15.2% cheaper than Lisbon. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caribou to Lisbon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caribou is $696/month compared to $829/month in Lisbon — a 16% difference. Home values follow the same pattern: Caribou is more affordable at $120,300 median vs $217,200.
Median household income in Caribou is $54,271 compared to $72,066 in Lisbon (-24.7%). While Lisbon 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, more than the 13.8% in Lisbon.
Climate-wise, Lisbon is notably warmer with an average of 45.7°F compared to 40.7°F in Caribou. Lisbon receives more rainfall at 50" per year compared to 40.7" in Caribou.
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