Old Orchard Beach, ME vs Old Town, ME
There is a significant gap in the cost of living between these two cities. Old Town is 23.6% cheaper than Old Orchard Beach. With a cost index of 78 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Old Town to Old Orchard Beach should plan for substantially higher expenses across most categories.
On the housing front, median rent in Old Orchard Beach is $1,120/month compared to $1,014/month in Old Town — a 11% difference. Home values follow the same pattern: Old Town is more affordable at $183,200 median vs $317,800.
Median household income in Old Orchard Beach is $65,842 compared to $49,329 in Old Town (+33.5%). While Old Orchard Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Old Orchard Beach spend roughly 20.4% of their income on rent, less than the 24.7% in Old Town.
Climate-wise, Old Orchard Beach is notably warmer with an average of 47.5°F compared to 43.2°F in Old Town. Old Orchard Beach receives more rainfall at 48.1" per year compared to 44.4" in Old Town.
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