Lincoln, ME vs Old Town, ME
There is a significant gap in the cost of living between these two cities. Lincoln is 21.1% cheaper than Old Town. With a cost index of 62 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lincoln to Old Town should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lincoln is $640/month compared to $1,014/month in Old Town — a 37% difference. Home values follow the same pattern: Lincoln is more affordable at $120,200 median vs $183,200.
Median household income in Lincoln is $33,750 compared to $49,329 in Old Town (-31.6%). While Old Town is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lincoln spend roughly 22.8% of their income on rent, less than the 24.7% in Old Town.
Climate-wise, both cities share similar average temperatures (42.8°F vs 43.2°F). Old Town receives more rainfall at 44.4" per year compared to 42.6" in Lincoln.
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Climate
NOAA 30-year normals (1991-2020)