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Newport, ME vs Rangeley, ME

73
Newport
Maine
VS
+8.3%
67
Rangeley
Maine

Rangeley is moderately more affordable than Newport, with a 8.3% lower cost of living index. Newport scores 73 compared to 67 for Rangeley, where the US average is 100. This difference means residents of Newport can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newport is $896/month compared to $624/month in Rangeley — a 44% difference. Home values follow the same pattern: Rangeley is more affordable at $158,300 median vs $162,800.

Median household income in Newport is $42,740 compared to $29,231 in Rangeley (+46.2%). While Newport is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newport spend roughly 25.2% of their income on rent, less than the 25.6% in Rangeley.

Climate-wise, Newport is notably warmer with an average of 45°F compared to 41.4°F in Rangeley. Newport receives more rainfall at 41.7" per year compared to 36.5" in Rangeley.

Income & Cost

Cost of Living Index
Newport
73
Rangeley
67
8% cheaper
Median Household Income
Newport
$42,740
32% higher
Rangeley
$29,231

Housing

Median Rent
Newport
$896
Rangeley
$624
30% cheaper
Median Home Value
Newport
$162,800
Rangeley
$158,300
3% cheaper
Population
Newport
1,469
Rangeley
532

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newport $3.01
Rangeley
US $3.07
🥚
Eggs (grade A, large)
Newport $2.46
Rangeley
US $2.50
🥛
Milk (whole)
Newport $3.96
Rangeley
US $4.03
🍞
Bread (white)
Newport $1.82
Rangeley
US $1.85
🍗
Chicken breast
Newport $4.07
Rangeley
US $4.14
Electricity
Newport $0.28
Rangeley
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newport 45°F
Rangeley 41.4°F
Summer High
Newport 80°F
Rangeley 80°F
Winter Low
Newport 9°F
Rangeley 3°F
Rainfall
Newport 41.7"
Rangeley 36.5"
Rainy Days
Newport 134d
Rangeley 168d