Cumberland Center, ME vs Old Town, ME
There is a significant gap in the cost of living between these two cities. Old Town is 27.7% cheaper than Cumberland Center. With a cost index of 78 vs 100, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Old Town to Cumberland Center should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cumberland Center is $784/month compared to $1,014/month in Old Town — a 23% difference. Interestingly, home values tell a different story: while Cumberland Center has cheaper rent, Old Town actually has lower median home values ($183,200 vs $480,700).
Median household income in Cumberland Center is $145,208 compared to $49,329 in Old Town (+194.4%). While Cumberland Center is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cumberland Center spend roughly 6.5% of their income on rent, less than the 24.7% in Old Town.
Climate-wise, Cumberland Center is notably warmer with an average of 47.5°F compared to 43.2°F in Old Town. Cumberland Center receives more rainfall at 48.1" per year compared to 44.4" in Old Town.
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