Fryeburg, ME vs Newcastle, ME
There is a significant gap in the cost of living between these two cities. Fryeburg is 17.3% cheaper than Newcastle. With a cost index of 84 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fryeburg to Newcastle should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fryeburg is $869/month compared to $1,042/month in Newcastle — a 17% difference. Home values follow the same pattern: Fryeburg is more affordable at $268,100 median vs $417,700.
Median household income in Fryeburg is $61,944 compared to $76,389 in Newcastle (-18.9%). 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 Fryeburg spend roughly 16.8% of their income on rent, more than the 16.4% in Newcastle.
Climate-wise, both cities share similar average temperatures (44.7°F vs 45.9°F). Fryeburg receives more rainfall at 46.9" per year compared to 46.7" in Newcastle.
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Climate
NOAA 30-year normals (1991-2020)