Lisbon, ME vs Steep Falls, ME
Lisbon is moderately more affordable than Steep Falls, with a 8.8% lower cost of living index. Lisbon scores 78 compared to 86 for Steep Falls, where the US average is 100. This difference means residents of Steep Falls 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 $974/month in Steep Falls — a 15% difference. Home values follow the same pattern: Lisbon is more affordable at $217,200 median vs $241,000.
Median household income in Lisbon is $72,066 compared to $68,125 in Steep Falls (+5.8%). Lisbon 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 spend roughly 13.8% of their income on rent, less than the 17.2% in Steep Falls.
Climate-wise, both cities share similar average temperatures (45.7°F vs 47.5°F). Lisbon receives more rainfall at 50" per year compared to 48.1" in Steep Falls.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)