Milford, ME vs Yarmouth, ME

The cost of living difference between Milford, ME and Yarmouth, ME is dramatic. Milford is 41.2% cheaper than Yarmouth, a gap that translates to thousands of dollars per year in household expenses. Milford has a cost index of 76 while Yarmouth sits at 129, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Milford is $964/month compared to $1,694/month in Yarmouth — a 43% difference. Home values follow the same pattern: Milford is more affordable at $177,400 median vs $506,300.

Median household income in Milford is $63,864 compared to $92,311 in Yarmouth (-30.8%). The higher salaries in Yarmouth partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Milford spend roughly 18.1% of their income on rent, less than the 22% in Yarmouth.

Climate-wise, Yarmouth is notably warmer with an average of 47.5°F compared to 43.2°F in Milford. Yarmouth receives more rainfall at 48.1" per year compared to 44.4" in Milford.