Falmouth, ME vs South Eliot, ME

Falmouth, ME and South Eliot, ME have a very similar cost of living, with only a 3.6% difference in their overall index. Falmouth scores 141 while South Eliot scores 136 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Falmouth is $1,441/month compared to $2,088/month in South Eliot — a 31% difference. Interestingly, home values tell a different story: while Falmouth has cheaper rent, South Eliot actually has lower median home values ($437,800 vs $737,300).

Median household income in Falmouth is $89,625 compared to $96,705 in South Eliot (-7.3%). South Eliot offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Falmouth spend roughly 19.3% of their income on rent, less than the 25.9% in South Eliot.

Climate-wise, both cities share similar average temperatures (47.5°F vs 47.1°F). Falmouth receives more rainfall at 48.1" per year compared to 47.8" in South Eliot.