Farmington, ME vs Steep Falls, ME

Farmington is moderately more affordable than Steep Falls, with a 13.7% lower cost of living index. Farmington scores 74 compared to 86 for Steep Falls, where the US average is 100. This difference means residents of Steep Falls can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmington is $838/month compared to $974/month in Steep Falls — a 14% difference. Home values follow the same pattern: Farmington is more affordable at $161,800 median vs $241,000.

Median household income in Farmington is $39,646 compared to $68,125 in Steep Falls (-41.8%). While Steep Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington spend roughly 25.4% of their income on rent, more than the 17.2% in Steep Falls.

Climate-wise, both cities share similar average temperatures (46.1°F vs 47.5°F). Steep Falls receives more rainfall at 48.1" per year compared to 41.8" in Farmington.