Cost of Living in Bangor, ME

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

100.3

100 = national avg

+0.3 vs national average

Living Wage (1 Adult)

$44,126

per year

Living Wage (Family of 4)

$104,297

per year

Cost Index by Category

Housing
114.2
Food
94.4
Transportation
88.8
Healthcare
95.5
Utilities
99.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,061

per month

2 Bedroom

$1,392

per month

The overall cost of living index in Bangor is 100.3, which is 0.3% above the national average. Housing costs are above the national average at an index of 114.2. A single adult needs to earn approximately $44,126 per year to cover basic expenses.