Falmouth, Maine vs. Lake Placid, New York

Cost of Living Comparison

The cost of living in Lake Placid, New York is 28.7% cheaper than Falmouth, Maine.

You would need a salary of $53,470 in Lake Placid, New York to maintain the standard of living you have in Falmouth, Maine.
Comparison highlights
• Overall, Lake Placid, New York is cheaper than Falmouth, Maine
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
53% cheaper in Lake Placid
than in Falmouth, Maine
Falmouth, ME vs. Lake Placid, NY
Compared to Falmouth, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  28.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.1% lower
  Housing (Homeowner)
  32.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.3% higher
  Commute
  0.4% lower
  Health
  24.8% higher
  Taxes
  Childcare
  Personal
  8.3% lower