Lisbon, ME vs Newport, ME
Newport is moderately more affordable than Lisbon, with a 7.4% lower cost of living index. Lisbon scores 78 compared to 73 for Newport, where the US average is 100. This difference means residents of Lisbon can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lisbon is $829/month compared to $896/month in Newport — a 8% difference. Interestingly, home values tell a different story: while Lisbon has cheaper rent, Newport actually has lower median home values ($162,800 vs $217,200).
Median household income in Lisbon is $72,066 compared to $42,740 in Newport (+68.6%). 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 25.2% in Newport.
Climate-wise, both cities share similar average temperatures (45.7°F vs 45°F). Lisbon receives more rainfall at 50" per year compared to 41.7" in Newport.
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