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Bangor, ME

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
56
Very Affordable
Median Home Value
$206,300
National: $426,735
Median Rent
$1,019/mo
National: $1,527/mo
Household Income
$58,096
National: $84,532
Population
31,663
Purchasing Power
123
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
48 / 100
100 = national average
Rent Index
67 / 100
Overall Index
56
Very Affordable

Bangor Mortgage Calculator

Pre-filled with the local median home value of $206,300 and Maine's property tax rate of 1.36%.

Salary & Purchasing Power

Median household income is $58,096 31% below the national average.

What $58,096 in Bangor Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$156,652+170%
Los Angeles, CA$176,363+204%
El Paso, TX$53,946-7%
Detroit, MI$41,497-29%

Property Tax in Bangor, ME

Est. Annual Property Tax
$2,806
Monthly Impact
$234
Added to your mortgage
Effective Rate
1.36%
National avg: ~1.00%

Maine Tax Overview

Tax TypeMaineNational Avg
Property Tax Rate1.36%1.00%
Top Income Tax Rate7.15%~5.0%
State Sales Tax5.5%~5.0%

Compare Bangor to Another City

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Cost of Living Comparison

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Bangor, ME
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Bangor, ME: 48
Rent Prices
67
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR