Waterville, ME vs Yarmouth, ME
The cost of living difference between Waterville, ME and Yarmouth, ME is dramatic. Waterville is 39.2% cheaper than Yarmouth, a gap that translates to thousands of dollars per year in household expenses. Waterville has a cost index of 79 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 Waterville is $957/month compared to $1,694/month in Yarmouth — a 44% difference. Home values follow the same pattern: Waterville is more affordable at $173,700 median vs $506,300.
Median household income in Waterville is $47,489 compared to $92,311 in Yarmouth (-48.6%). 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 Waterville spend roughly 24.2% of their income on rent, more than the 22% in Yarmouth.
Climate-wise, both cities share similar average temperatures (46.1°F vs 47.5°F). Yarmouth receives more rainfall at 48.1" per year compared to 41.8" in Waterville.
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