Oakland, ME vs Old Town, ME

Oakland, ME and Old Town, ME have a very similar cost of living, with only a 3.5% difference in their overall index. Oakland scores 75 while Old Town scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Oakland is $932/month compared to $1,014/month in Old Town — a 8% difference. Home values follow the same pattern: Oakland is more affordable at $142,800 median vs $183,200.

Median household income in Oakland is $44,846 compared to $49,329 in Old Town (-9.1%). While Old Town is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakland spend roughly 24.9% of their income on rent, more than the 24.7% in Old Town.

Climate-wise, both cities share similar average temperatures (46.1°F vs 43.2°F). Old Town receives more rainfall at 44.4" per year compared to 41.8" in Oakland.