Lisbon Falls, ME vs Richmond, ME

Lisbon Falls, ME and Richmond, ME have a very similar cost of living, with only a 0.7% difference in their overall index. Lisbon Falls scores 86 while Richmond scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lisbon Falls is $1,028/month compared to $1,013/month in Richmond — a 2% difference. Home values follow the same pattern: Richmond is more affordable at $221,600 median vs $237,800.

Median household income in Lisbon Falls is $71,513 compared to $72,036 in Richmond (-0.7%). Richmond offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lisbon Falls spend roughly 17.3% of their income on rent, more than the 16.9% in Richmond.

Climate-wise, both cities share similar average temperatures (45.7°F vs 45.9°F). Lisbon Falls receives more rainfall at 50" per year compared to 46.7" in Richmond.