Hallowell, ME vs Kennebunk, ME
There is a significant gap in the cost of living between these two cities. Hallowell is 28% cheaper than Kennebunk. With a cost index of 82 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hallowell to Kennebunk should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hallowell is $830/month compared to $1,411/month in Kennebunk — a 41% difference. Home values follow the same pattern: Hallowell is more affordable at $266,700 median vs $429,600.
Median household income in Hallowell is $58,811 compared to $93,167 in Kennebunk (-36.9%). While Kennebunk is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hallowell spend roughly 16.9% of their income on rent, less than the 18.2% in Kennebunk.
Climate-wise, both cities share similar average temperatures (46.1°F vs 47.7°F). Hallowell receives more rainfall at 41.8" per year compared to 41.2" in Kennebunk.
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