Millinocket, ME vs Old Town, ME

There is a significant gap in the cost of living between these two cities. Millinocket is 28% cheaper than Old Town. With a cost index of 56 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Millinocket to Old Town should plan for substantially higher expenses across most categories.

On the housing front, median rent in Millinocket is $555/month compared to $1,014/month in Old Town — a 45% difference. Home values follow the same pattern: Millinocket is more affordable at $86,500 median vs $183,200.

Median household income in Millinocket is $42,936 compared to $49,329 in Old Town (-13%). Old Town does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Millinocket spend roughly 15.5% of their income on rent, less than the 24.7% in Old Town.

Climate-wise, both cities share similar average temperatures (42.8°F vs 43.2°F). Old Town receives more rainfall at 44.4" per year compared to 42.6" in Millinocket.