Falmouth, ME vs Rangeley, ME

The cost of living difference between Falmouth, ME and Rangeley, ME is dramatic. Rangeley is 109.1% cheaper than Falmouth, a gap that translates to thousands of dollars per year in household expenses. Falmouth has a cost index of 141 while Rangeley sits at 67, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Falmouth is $1,441/month compared to $624/month in Rangeley — a 131% difference. Home values follow the same pattern: Rangeley is more affordable at $158,300 median vs $737,300.

Median household income in Falmouth is $89,625 compared to $29,231 in Rangeley (+206.6%). While Falmouth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Falmouth spend roughly 19.3% of their income on rent, less than the 25.6% in Rangeley.

Climate-wise, Falmouth is notably warmer with an average of 47.5°F compared to 41.4°F in Rangeley. Falmouth receives more rainfall at 48.1" per year compared to 36.5" in Rangeley.