Gorham, ME vs Hallowell, ME

The cost of living difference between Gorham, ME and Hallowell, ME is dramatic. Hallowell is 45.8% cheaper than Gorham, a gap that translates to thousands of dollars per year in household expenses. Gorham has a cost index of 120 while Hallowell sits at 82, 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 Gorham is $1,518/month compared to $830/month in Hallowell — a 83% difference. Home values follow the same pattern: Hallowell is more affordable at $266,700 median vs $459,000.

Median household income in Gorham is $125,058 compared to $58,811 in Hallowell (+112.6%). While Gorham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gorham spend roughly 14.6% of their income on rent, less than the 16.9% in Hallowell.

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