Farmington, ME vs Presque Isle, ME
Farmington, ME and Presque Isle, ME have a very similar cost of living, with only a 0.6% difference in their overall index. Farmington scores 74 while Presque Isle scores 74 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 Farmington is $838/month compared to $875/month in Presque Isle — a 4% difference. Interestingly, home values tell a different story: while Farmington has cheaper rent, Presque Isle actually has lower median home values ($142,400 vs $161,800).
Median household income in Farmington is $39,646 compared to $57,396 in Presque Isle (-30.9%). Presque Isle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmington spend roughly 25.4% of their income on rent, more than the 18.3% in Presque Isle.
Climate-wise, Farmington is notably warmer with an average of 46.1°F compared to 40.7°F in Presque Isle. Farmington receives more rainfall at 41.8" per year compared to 40.7" in Presque Isle.
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Climate
NOAA 30-year normals (1991-2020)