Kennebunk, ME vs Old Town, ME

The cost of living difference between Kennebunk, ME and Old Town, ME is dramatic. Old Town is 46.7% cheaper than Kennebunk, a gap that translates to thousands of dollars per year in household expenses. Kennebunk has a cost index of 115 while Old Town sits at 78, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Kennebunk is $1,411/month compared to $1,014/month in Old Town — a 39% difference. Home values follow the same pattern: Old Town is more affordable at $183,200 median vs $429,600.

Median household income in Kennebunk is $93,167 compared to $49,329 in Old Town (+88.9%). 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 Kennebunk spend roughly 18.2% of their income on rent, less than the 24.7% in Old Town.

Climate-wise, Kennebunk is notably warmer with an average of 47.7°F compared to 43.2°F in Old Town. Old Town receives more rainfall at 44.4" per year compared to 41.2" in Kennebunk.