Southwest Harbor, ME vs Waldoboro, ME

Southwest Harbor, ME and Waldoboro, ME have a very similar cost of living, with only a 2% difference in their overall index. Southwest Harbor scores 96 while Waldoboro scores 98 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.

When it comes to buying, median home values in Southwest Harbor are $407,700 compared to $277,200 in Waldoboro, a 47% gap.

Median household income in Southwest Harbor is $31,518 compared to $66,290 in Waldoboro (-52.5%). While Waldoboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (45°F vs 45.9°F). Waldoboro receives more rainfall at 46.7" per year compared to 41.7" in Southwest Harbor.