Old Orchard Beach, ME vs Topsham, ME

Old Orchard Beach, ME and Topsham, ME have a very similar cost of living, with only a 4.7% difference in their overall index. Old Orchard Beach scores 97 while Topsham scores 101 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 Old Orchard Beach is $1,120/month compared to $1,211/month in Topsham — a 8% difference. Home values follow the same pattern: Old Orchard Beach is more affordable at $317,800 median vs $341,800.

Median household income in Old Orchard Beach is $65,842 compared to $80,545 in Topsham (-18.3%). While Topsham 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, more than the 18% in Topsham.

Climate-wise, both cities share similar average temperatures (47.5°F vs 45.7°F). Topsham receives more rainfall at 50" per year compared to 48.1" in Old Orchard Beach.