Gorham, ME vs Old Orchard Beach, ME

There is a significant gap in the cost of living between these two cities. Old Orchard Beach is 24.5% cheaper than Gorham. With a cost index of 97 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Old Orchard Beach to Gorham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gorham is $1,518/month compared to $1,120/month in Old Orchard Beach — a 36% difference. Home values follow the same pattern: Old Orchard Beach is more affordable at $317,800 median vs $459,000.

Median household income in Gorham is $125,058 compared to $65,842 in Old Orchard Beach (+89.9%). 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 20.4% in Old Orchard Beach.

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