Caribou, ME vs Orono, ME
There is a significant gap in the cost of living between these two cities. Caribou is 22.1% cheaper than Orono. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caribou to Orono should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caribou is $696/month compared to $1,150/month in Orono — a 40% difference. Home values follow the same pattern: Caribou is more affordable at $120,300 median vs $219,200.
Median household income in Caribou is $54,271 compared to $56,890 in Orono (-4.6%). Orono 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 Caribou spend roughly 15.4% of their income on rent, less than the 24.3% in Orono.
Climate-wise, both cities share similar average temperatures (40.7°F vs 43.2°F). Orono receives more rainfall at 44.4" per year compared to 40.7" in Caribou.
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Climate
NOAA 30-year normals (1991-2020)