Cost of Living in Bangor, ME
2024 data from the Bureau of Economic Analysis
Cost Index
96.5
3.5% below avg
Housing Index
77.7
Median Income
$59,438
Median Rent
$932/mo
Cost Breakdown
Overall96.5 (-3.5%)
Housing77.7 (-22.3%)
Goods97.2 (-2.8%)
Utilities134.8 (+34.8%)
Other Services103.2 (+3.2%)
National average = 100
Income & Housing
Median Household Income
$59,438/year
Median Home Value
$176,700
Median Monthly Rent
$932/mo
Per Capita Income
$34,423/year
Compare Bangor, ME With
Frequently Asked Questions
Is Bangor, ME expensive to live in?
Bangor, ME has a cost of living index of 96.5, which is 3.5% below the national average.
How much does housing cost in Bangor, ME?
Housing costs in Bangor, ME are indexed at 77.7 compared to the national average of 100. The median monthly rent is $932.
What is the average income in Bangor, ME?
The median household income in Bangor, ME is $59,438 per year.
What is the average home price in Bangor, ME?
The median home value in Bangor, ME is $176,700.