Caribou, ME vs Winthrop, ME
There is a significant gap in the cost of living between these two cities. Caribou is 19.5% cheaper than Winthrop. With a cost index of 66 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caribou to Winthrop should plan for substantially higher expenses across most categories.
On the housing front, median rent in Caribou is $696/month compared to $899/month in Winthrop — a 23% difference. Home values follow the same pattern: Caribou is more affordable at $120,300 median vs $240,700.
Median household income in Caribou is $54,271 compared to $54,612 in Winthrop (-0.6%). Winthrop 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 19.8% in Winthrop.
Climate-wise, Winthrop is notably warmer with an average of 46.1°F compared to 40.7°F in Caribou. Winthrop receives more rainfall at 41.8" per year compared to 40.7" in Caribou.
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Housing
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Climate
NOAA 30-year normals (1991-2020)