Old Orchard Beach, ME vs Yarmouth, ME
There is a significant gap in the cost of living between these two cities. Old Orchard Beach is 25.4% cheaper than Yarmouth. With a cost index of 97 vs 129, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Old Orchard Beach to Yarmouth 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 $1,694/month in Yarmouth — a 34% difference. Home values follow the same pattern: Old Orchard Beach is more affordable at $317,800 median vs $506,300.
Median household income in Old Orchard Beach is $65,842 compared to $92,311 in Yarmouth (-28.7%). While Yarmouth 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 22% in Yarmouth.
Climate-wise, both cities share similar average temperatures (47.5°F vs 47.5°F). Yarmouth receives more rainfall at 48.1" per year compared to 48.1" in Old Orchard Beach.
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