Gorham, NH vs Lisbon, NH
There is a significant gap in the cost of living between these two cities. Gorham is 16.3% cheaper than Lisbon. With a cost index of 72 vs 87, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gorham to Lisbon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Gorham is $774/month compared to $1,156/month in Lisbon — a 33% difference. Home values follow the same pattern: Gorham is more affordable at $136,300 median vs $167,500.
Median household income in Gorham is $60,417 compared to $63,750 in Lisbon (-5.2%). Lisbon does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Gorham spend roughly 15.4% of their income on rent, less than the 21.8% in Lisbon.
Climate-wise, Lisbon is notably warmer with an average of 43.9°F compared to 28°F in Gorham. Gorham receives more rainfall at 91.2" per year compared to 39.3" in Lisbon.
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Climate
NOAA 30-year normals (1991-2020)