Bangor, ME Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Bangor, ME Summary

Cost of living in Bangor research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bangor is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Maine, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Bangor is 101, with 100 being the average.

  • The cost of living index in Bangor is 1.0x higher than the national average.

  • Bangor ranks as the #12 cheapest in Maine out of 29.

  • Bangor ranks as the #3,263 cheapest out of 6,412 in the US.

  • The median home value in Bangor is $162,900.

  • The median income in Bangor is $49,652.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
101
Bangor's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in Bangor, ME?

According to the most recent data on the cost of living, Bangor has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.

Compared to Maine, Bangor has a cost of living index that's 0.9x lower than Maine's index of 112.

The standard of living in Bangor ranks as #12 most affordable out of the 29 places we measured in Maine. By definition, that implies Bangor ranks as the #17 most expensive place in the Pine Tree State.

For more reading on life in Bangor, check out:

12 out of 29
In Maine
3,263 out of 6,412
In America

Bangor Cost Of Living Vs. Maine

Six factors go into calculating the cost of living index in Bangor. Here is how it fairs on each of the criteria:

  • The Services index in Bangor is 112.

  • The Groceries index in Bangor is 100.

  • The Health index in Bangor is 115.

  • The Housing index in Bangor is 80.

  • The Transportation index in Bangor is 101.

  • The Utilities index in Bangor is 110.

Living Expense Bangor Maine National Average
Overall 101 112 100
Services 112 114 100
Groceries 100 101 100
Health 115 97 100
Housing 80 120 100
Transportation 101 116 100
Utilities 110 104 100
For more reading on cost of living around Maine, check out:
Bangor Cost of Living Vs. ME

Bangor, ME Housing Cost Breakdown

Housing swings affordability the most between places in Maine, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Bangor is $162,900.

  • The Median Rent in Bangor is $883.

  • The Median Income in Bangor is $49,652.

  • The Home Value To Income in Bangor is 3.3x.

  • The Rent To Monthly Income in Bangor is 0.21x.

Statistic Bangor Maine United States
Median Home Value $162,900 $212,100 $244,900
Median Rent $883 $927 $1,163
Median Income $49,652 $63,182 $69,021
Home Value To Income 3.3x 3.4x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x
Search Homes For Sale In Bangor, ME
$162,900
Median Home Value
$883
Median Rent
$49,652
Median Income

Bangor, ME Costs By Category

Detailed Bangor Services Costs Vs. Maine

Item Bangor Maine
Shampoo $0.99 $1.06
Movie $11.3 $10.68
Bowling $14.83 $14.67
Haircut $26.0 $18.62
Beauty Salon $46.33 $39.05

Detailed Bangor Groceries Costs Vs. Maine

Item Bangor Maine
Ground Beef $3.46 $4.22
Fried Chicken $1.34 $1.39
Milk $2.34 $2.05
Potatoes $3.74 $3.29
Pizza $11.09 $10.62
Beer $10.74 $9.38
Toothpaste $2.67 $2.34

Detailed Bangor Health Costs Vs. Maine

Item Bangor Maine
Optometrist $148.43 $108.57
Doctor $151.95 $116.17
Dentist $107.57 $99.13

Detailed Bangor Transportation Costs Vs. Maine

Item Bangor Maine
Gasoline $2.19 $2.22
Tire Balancing $53.63 $50.07

Detailed Bangor Utilities Costs Vs. Maine

Item Bangor Maine
All Electricity $200.33 $167.67
Phone $171.07 $175.64

Bangor SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
7
Affordability
6
Diversity
6
Safety
6
Amenities
8
Education
8.5
Commute
9

Cost Of Living In Cities Around Bangor

The cost of living varies in the cities and towns around Bangor. Here's a quick look at the cost of living in the most populous nearby places:

  • Waterville, ME has a cost of living index of 97, 1.0x Bangor.

  • Orono, ME has a cost of living index of 106, 1.0x Bangor.

  • Brewer, ME has a cost of living index of 100, 1.0x Bangor.

City Population Cost Of Living Vs. Bangor
Waterville, ME 15,872 97 1.0x
Orono, ME 10,426 106 1.0x
Brewer, ME 9,606 100 1.0x
Ellsworth, ME 8,340 102 1.0x
Belfast, ME 6,890 108 1.1x
Skowhegan, ME 6,344 91 0.9x

Articles About Maine

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