Old Town, ME vs Yarmouth, ME

The cost of living difference between Old Town, ME and Yarmouth, ME is dramatic. Old Town is 39.7% cheaper than Yarmouth, a gap that translates to thousands of dollars per year in household expenses. Old Town has a cost index of 78 while Yarmouth sits at 129, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Old Town is $1,014/month compared to $1,694/month in Yarmouth — a 40% difference. Home values follow the same pattern: Old Town is more affordable at $183,200 median vs $506,300.

Median household income in Old Town is $49,329 compared to $92,311 in Yarmouth (-46.6%). 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 Town spend roughly 24.7% of their income on rent, more than the 22% in Yarmouth.

Climate-wise, Yarmouth is notably warmer with an average of 47.5°F compared to 43.2°F in Old Town. Yarmouth receives more rainfall at 48.1" per year compared to 44.4" in Old Town.