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Gray, ME vs Island Falls, ME

102
Gray
Maine
VS
+26.6%
81
Island Falls
Maine

There is a significant gap in the cost of living between these two cities. Island Falls is 26.6% cheaper than Gray. With a cost index of 81 vs 102, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Island Falls to Gray should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Gray are $312,000 compared to $64,200 in Island Falls, a 386% gap.

Median household income in Gray is $125,838 compared to $53,523 in Island Falls (+135.1%). While Gray is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Gray is notably warmer with an average of 47.5°F compared to 40.7°F in Island Falls. Gray receives more rainfall at 48.1" per year compared to 39.3" in Island Falls.

Income & Cost

Cost of Living Index
Gray
102
Island Falls
81
21% cheaper
Median Household Income
Gray
$125,838
57% higher
Island Falls
$53,523

Housing

Median Rent
Gray
Island Falls
Median Home Value
Gray
$312,000
Island Falls
$64,200
79% cheaper
Population
Gray
810
Island Falls
343

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gray $3.01
Island Falls
US $3.07
🥚
Eggs (grade A, large)
Gray $2.46
Island Falls
US $2.50
🥛
Milk (whole)
Gray $3.96
Island Falls
US $4.03
🍞
Bread (white)
Gray $1.82
Island Falls
US $1.85
🍗
Chicken breast
Gray $4.07
Island Falls
US $4.14
Electricity
Gray $0.28
Island Falls
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Gray 47.5°F
Island Falls 40.7°F
Summer High
Gray 80°F
Island Falls 78°F
Winter Low
Gray 16°F
Island Falls 3°F
Rainfall
Gray 48.1"
Island Falls 39.3"
Rainy Days
Gray 131d
Island Falls 144d