States › Maine › Bangor

Is Bangor, ME expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,45217% lower than U.S. average
💵 Families earn per year (2026)$64,647about $5,387/month · 26% lower than U.S. average
🔑 House price$219,60034% lower than U.S. average

Bangor is the 3rd-largest city in Maine that we track, with 31,938 residents. Rent is lower than in 61% of U.S. cities. A typical house costs about 3.4 years of household income. Commutes are short, about 16.6 minutes.

How much money do I need?

To rent here comfortably, you should earn about $58,080 a year. That is $28 an hour at a full-time job.

Is rent cheaper than other Maine cities?

No. Rent here is more expensive than in most of Maine. It is number 18 of 34 cities from cheapest to most expensive.

Bangor
$1,452
$1,362
$1,451
$2,037
$1,245
$1,750

How much do households earn in Bangor?

Under $25k
20.4%
$25k–50k
22.7%
$50k–100k
30.7%
$100k–150k
12.3%
$150k+
7.1%

Share of households by yearly income. 19.4% of households earn $100,000 or more.

Rent by apartment size in Bangor

SizeBangorU.S. average
Studio$931$1,338
1 bedroom$1,026$1,324
2 bedrooms$1,256$1,509
3 bedrooms$1,346$1,698
4 bedrooms$1,530$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Bangor overall?

Everyday prices in the Bangor metro area are 3% below the U.S. average (index 96.5, U.S. = 100).

Housing
78
Goods (food, clothes…)
97
Utilities
135
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Bangor

🏛️ Property tax$3,076a year · 1.40% of home value · U.S. $3,119
⚡ Electric bill$122a month (typical) · U.S. $156

Life in Bangor

Commute to work16.6 minU.S.: 26.4 min
College degree35.1%U.S.: 35.7%
Own their home47.2%U.S.: 65.2%
Below poverty line17.9%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

What jobs pay in Bangor

JobMedian payRent / pay
Pharmacist$145,21012.0%
Nurse Practitioner$131,46013.3%
Physician Assistant$130,38013.4%
Lawyer$116,24015.0%
Software Developer$104,14016.7%
Registered Nurse$93,94018.5%
Operations Manager$91,11019.1%
Dental Hygienist$88,45019.7%
Civil Engineer$85,30020.4%
Computer Systems Analyst$83,24020.9%
Accountant$75,64023.0%
Licensed Practical Nurse$72,37024.1%
Police Officer$71,34024.4%
Market Research Analyst$63,60027.4%
Electrician$63,39027.5%
HVAC Technician$61,43028.4%
Plumber$60,14029.0%
Elementary School Teacher$60,08029.0%
Carpenter$57,10030.5%
Truck Driver$56,25031.0%
Firefighter$48,02036.3%
Medical Assistant$47,12037.0%
Nursing Assistant$46,97037.1%
Server (Waiter/Waitress)$45,61038.2%
Customer Service Representative$42,53041.0%
Warehouse Worker$41,60041.9%
Restaurant Cook$40,76042.7%
Retail Salesperson$35,56049.0%
Cashier$32,20054.1%

Is it cheaper to rent or buy in Bangor?

Renting is cheaper right now: about $72 a month less.

Renting
$1,452
Owning
$1,524

Owning assumes a typical $219,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,960 for the down payment.

Frequently asked questions

What is the average rent in Bangor, ME?

Renting in Bangor costs a median of about $1,452 a month in 2026, including utilities. The Maine median is $1,452.

How much do I need to make to live in Bangor?

To keep rent under 30% of income, you need about $58,080 a year, or $28 an hour at a full-time job.

Is Bangor cheap or expensive?

Bangor is rated OK: rent takes 27.0% of the typical household income of $64,647. It ranks 18th cheapest of 34 Maine cities we track.

How much are property taxes in Bangor?

The median homeowner in Bangor pays $3,076 a year in property taxes, about 1.40% of the median home value.

Is Bangor more expensive than the national average?

Overall prices in the metro area are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Bangor?

The median home value in Bangor is $219,600, about 3.4 times the typical yearly household income.

31,938 people live in Bangor. Numbers are typical (middle) values.