Old Orchard Beach, ME vs Waterville, ME

There is a significant gap in the cost of living between these two cities. Waterville is 22.8% cheaper than Old Orchard Beach. With a cost index of 79 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waterville 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 $957/month in Waterville — a 17% difference. Home values follow the same pattern: Waterville is more affordable at $173,700 median vs $317,800.

Median household income in Old Orchard Beach is $65,842 compared to $47,489 in Waterville (+38.6%). 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 24.2% in Waterville.

Climate-wise, both cities share similar average temperatures (47.5°F vs 46.1°F). Old Orchard Beach receives more rainfall at 48.1" per year compared to 41.8" in Waterville.