Dexter, ME vs Newcastle, ME
There is a significant gap in the cost of living between these two cities. Dexter is 29.2% cheaper than Newcastle. With a cost index of 72 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dexter to Newcastle should plan for substantially higher expenses across most categories.
On the housing front, median rent in Dexter is $883/month compared to $1,042/month in Newcastle — a 15% difference. Home values follow the same pattern: Dexter is more affordable at $153,200 median vs $417,700.
Median household income in Dexter is $51,667 compared to $76,389 in Newcastle (-32.4%). While Newcastle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dexter spend roughly 20.5% of their income on rent, more than the 16.4% in Newcastle.
Climate-wise, both cities share similar average temperatures (45°F vs 45.9°F). Newcastle receives more rainfall at 46.7" per year compared to 41.7" in Dexter.
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NOAA 30-year normals (1991-2020)