Lisbon, ME vs Milo, ME
There is a significant gap in the cost of living between these two cities. Milo is 28.2% cheaper than Lisbon. With a cost index of 61 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milo to Lisbon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lisbon is $829/month compared to $608/month in Milo — a 36% difference. Home values follow the same pattern: Milo is more affordable at $88,000 median vs $217,200.
Median household income in Lisbon is $72,066 compared to $52,660 in Milo (+36.9%). While Lisbon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lisbon spend roughly 13.8% of their income on rent, less than the 13.9% in Milo.
Climate-wise, both cities share similar average temperatures (45.7°F vs 43.2°F). Lisbon receives more rainfall at 50" per year compared to 44.4" in Milo.
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Climate
NOAA 30-year normals (1991-2020)