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.