Gorham, ME vs Lisbon Falls, ME

The cost of living difference between Gorham, ME and Lisbon Falls, ME is dramatic. Lisbon Falls is 39.8% cheaper than Gorham, a gap that translates to thousands of dollars per year in household expenses. Gorham has a cost index of 120 while Lisbon Falls sits at 86, 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 $1,028/month in Lisbon Falls — a 48% difference. Home values follow the same pattern: Lisbon Falls is more affordable at $237,800 median vs $459,000.

Median household income in Gorham is $125,058 compared to $71,513 in Lisbon Falls (+74.9%). 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 17.3% in Lisbon Falls.

Climate-wise, both cities share similar average temperatures (47.5°F vs 45.7°F). Lisbon Falls receives more rainfall at 50" per year compared to 48.1" in Gorham.