Zip 04401 (Bangor, ME) Cost of Living


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Bangor cost of living score
85.7
Less expensive
14.3% lower
than the US average
11.6% lower
than the Maine average
Bangor (zip 04401), Maine gets a BestPlaces Cost of Living score of 85.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.3% lower than the U.S. average and 11.6% higher than the average for Maine.

Zip 04401 (Bangor, ME)

Housing costs in Bangor?
A typical home costs $256,800, which is 24.0% less expensive than the national average of $338,100 and 23.1% less expensive than the average Maine home, at $334,000. Renting a two-bedroom unit in Bangor costs $1,210 per month, which is 3.2% cheaper than the national average of $1,250 and 15.7% more than the state average of $1,020.

Can I afford Bangor?
To live comfortably in Bangor (zip 04401), Maine, a minimum annual income of $49,320 for a family, and $36,800 for a single person is recommended.

What does A.I. say about Bangor?
Bangor, ME 04401 is a great place to live. The cost of living in this area is relatively low when compared to other parts of the state. Groceries and transportation costs are both quite affordable, with transportation being especially reasonable for those who need to commute out of town for work. Additionally, the cost of housing in the area is fairly reasonable, with rental units being reasonably priced and home prices being lower than nearby cities. All in all, Bangor offers a good quality of life at an affordable cost.
   Cost of living score
     CategoriesBangorMaineUnited States
  85.797.0100.0
  105.3107.1100
  101.096.5100.0
  74.6103.4100.0
  $256,800$334,000$338,100
  106.8%103.6%100.0%
  71.079.2100.0
  88.292.2100.0

   100=National Average

   Average Rent by Bedroom Size
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