Millinocket, ME vs Newport, ME
There is a significant gap in the cost of living between these two cities. Millinocket is 22.8% cheaper than Newport. With a cost index of 56 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Millinocket to Newport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Millinocket is $555/month compared to $896/month in Newport — a 38% difference. Home values follow the same pattern: Millinocket is more affordable at $86,500 median vs $162,800.
Median household income in Millinocket is $42,936 compared to $42,740 in Newport (+0.5%). Millinocket offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Millinocket spend roughly 15.5% of their income on rent, less than the 25.2% in Newport.
Climate-wise, both cities share similar average temperatures (42.8°F vs 45°F). Millinocket receives more rainfall at 42.6" per year compared to 41.7" in Newport.
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