Damariscotta, ME vs Lisbon, ME

There is a significant gap in the cost of living between these two cities. Lisbon is 25.1% cheaper than Damariscotta. With a cost index of 78 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lisbon to Damariscotta should plan for substantially higher expenses across most categories.

On the housing front, median rent in Damariscotta is $1,016/month compared to $829/month in Lisbon — a 23% difference. Home values follow the same pattern: Lisbon is more affordable at $217,200 median vs $387,200.

Median household income in Damariscotta is $63,696 compared to $72,066 in Lisbon (-11.6%). Lisbon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Damariscotta spend roughly 19.1% of their income on rent, more than the 13.8% in Lisbon.

Climate-wise, both cities share similar average temperatures (45.9°F vs 45.7°F). Lisbon receives more rainfall at 50" per year compared to 46.7" in Damariscotta.