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Metro cost profile · 2024 BEA RPP

Bangor, ME

Cost-of-living indicators for Bangor, ME, from Bureau of Economic Analysis Regional Price Parities — overall, goods, services, and rents vs the U.S. average of 100.

96.5
Overall RPP
#136
of 387 metros
77.7
Rents RPP
$104K
$100K national buys

The verdict

Bangor costs less than 35% of U.S. metros — an overall index of 96.5, 3.5% below the national average, with services the biggest swing at 134.8.

96.5
overall cost index (US average = 100)
#136
most expensive of 387 U.S. metros
bottom 65%
by overall cost, nationwide
77.7
rents RPP — the biggest budget swing

A $100,000 national salary carries the purchasing power of about $103,618 here; matching a $100K lifestyle takes roughly $96,508.

What the Numbers Mean for Bangor

Bangor ranks #136 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 96.5, Bangor, ME is 3.5% less expensive than the national baseline of 100. The gap between Bangor's most and least expensive categories — services at 134.8 versus rents at 77.7 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $103,618 inside Bangor, while a household needs roughly $96,508 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 77.7 — 22.3% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Bangor's overall index has risen by 2.6 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 97.2 and services at 134.8, meaning everyday spending in Bangor is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Bangor vs every U.S. metro

Where this metro sits in the national cost distribution

97 Top 35% higher than 65% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). Below this entry. 96–100: 55 US metros (14%). This entry sits in this band. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis — Regional Price Parities · 2024

Bangor cost breakdown

BEA RPP by category — 100 = national average

RPP

What this shows Bangor's gap from the national average is led by services at 134.8. Goods barely move between metros; the spread you feel is housing and services.

Source U.S. Bureau of Economic Analysis — Regional Price Parities As of 2024

Goods vs. housing — where Bangor's cost comes from

Metros near Bangor's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 96.6, rents 92.9). Bangor is more goods-led than its peers — its everyday goods cost more relative to housing. These metros sit near Bangor's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures.

Crosshairs sit at the group median (goods 96.6, rents 92.9). Bangor is more goods-led than its peers — its everyday goods cost more relative to housing. These metros sit near Bangor's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 939495969798 7580859095100 Goods RPP (tradable items) → Rents RPP (housing) → BangorAshevilleCheyenneWinchesterMissoulaWilmingtonKankakee
Crosshairs sit at the group median (goods 96.6, rents 92.9). Bangor is more goods-led than its peers — its everyday goods cost more relative to housing. These metros sit near Bangor's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures.

Price Index Summary

Overall

96.5

-3.5 below avg

Goods

97.2

-2.8 below avg

Services

134.8

+34.8 above avg

Rents

77.7

-22.3 below avg

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$96,508

in Bangor, ME purchasing power

$50,000 nationally
$48,254
$75,000 nationally
$72,381
$125,000 nationally
$120,635
$150,000 nationally
$144,762
$200,000 nationally
$193,016

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 2.6 points over this period.

Year Overall
2008 93.9
2009 92.1
2010 96.5
2011 93.9
2012 96.3
2013 99.5
2014 92.1
2015 92.8
2016 93.4
2017 94.6
2018 93.9
2019 96.6
2020 97.5
2021 96.8
2022 96.6
2023 92.3
2024 96.5

Metros with Similar Cost of Living

These metros have an overall RPP closest to Bangor, ME's index of 96.5.

What this means for Bangor

How to read Bangor's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay — a $100K national salary spends like about $103,618 in Bangor. Salary calculator
  • Weigh housing heaviest: rents here index at 77.7 (22.3% below average) — the single largest swing in the RPP, while goods barely move between metros.
  • Local median household income is $63,248; adjusted for Bangor's price level that is about $65,537 in national-average buying power.
  • Compare Bangor head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown — not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Bangor, ME?
Bangor, ME has a Regional Price Parity (RPP) index of 96.5, meaning it is 3.5% less expensive than the national average. Goods are indexed at 97.2, services at 134.8, and rents at 77.7. It ranks #136 out of 387 U.S. metro areas by overall cost.
What salary do I need in Bangor, ME to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $96,508 in Bangor, ME. Conversely, $100K earned in Bangor, ME has the purchasing power of $103,618 at the national average.
How expensive is rent in Bangor, ME?
Rents in Bangor, ME are indexed at 77.7, which is 22.3% below the national average. This makes the area relatively affordable for renters.
Is Bangor, ME getting more expensive?
From 2008 to 2024, Bangor, ME's overall cost index changed by +2.6 points (from 93.9 to 96.5). The cost of living has been trending upward.
What costs the most in Bangor, ME?
The most expensive category in Bangor, ME is services at 134.8, which is 34.8% above the national average. The most affordable category is rents at 77.7, 22.3% below average.
What metros have a similar cost of living to Bangor, ME?
Metros with the most similar overall cost index include Asheville, Cheyenne, Winchester. These areas have RPP values within a few points of Bangor, ME's 96.5.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Federal data behind these figures
  • BEA Regional Price Parities (RPP) — the cost-of-living indices shown on this page. bea.gov/data/regional-price-parities
  • U.S. Census Bureau, American Community Survey (ACS) — the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
  • BLS Consumer Price Index (CPI) — the price program underlying BEA's goods and services price relatives. bls.gov/cpi
  • BLS Occupational Employment and Wage Statistics (OEWS) — wage reference for the labor-driven services component. bls.gov/oes
  • HUD Fair Market Rents (FMR) — federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr