Skowhegan, ME vs Waterville, ME

Skowhegan is moderately more affordable than Waterville, with a 7.6% lower cost of living index. Skowhegan scores 73 compared to 79 for Waterville, where the US average is 100. This difference means residents of Waterville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Skowhegan is $856/month compared to $957/month in Waterville — a 11% difference. Home values follow the same pattern: Skowhegan is more affordable at $138,600 median vs $173,700.

Median household income in Skowhegan is $46,625 compared to $47,489 in Waterville (-1.8%). Waterville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Skowhegan spend roughly 22% of their income on rent, less than the 24.2% in Waterville.

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