Houlton, ME vs Steep Falls, ME
There is a significant gap in the cost of living between these two cities. Houlton is 21.7% cheaper than Steep Falls. With a cost index of 67 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Houlton to Steep Falls should plan for substantially higher expenses across most categories.
On the housing front, median rent in Houlton is $719/month compared to $974/month in Steep Falls — a 26% difference. Home values follow the same pattern: Houlton is more affordable at $121,700 median vs $241,000.
Median household income in Houlton is $52,227 compared to $68,125 in Steep Falls (-23.3%). While Steep Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Houlton spend roughly 16.5% of their income on rent, less than the 17.2% in Steep Falls.
Climate-wise, Steep Falls is notably warmer with an average of 47.5°F compared to 40.7°F in Houlton. Steep Falls receives more rainfall at 48.1" per year compared to 39.3" in Houlton.
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