Lisbon, ME vs Old Town, ME

Lisbon, ME and Old Town, ME have a very similar cost of living, with only a 0.2% difference in their overall index. Lisbon scores 78 while Old Town scores 78 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 is $829/month compared to $1,014/month in Old Town — a 18% difference. Interestingly, home values tell a different story: while Lisbon has cheaper rent, Old Town actually has lower median home values ($183,200 vs $217,200).

Median household income in Lisbon is $72,066 compared to $49,329 in Old Town (+46.1%). 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 24.7% in Old Town.

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 Old Town.