Bangor, PA, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Bangor stands at 93, which is 7% lower than the national average of 100. This makes Bangor an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Specifically, housing costs in Bangor are 15% below the national average, while groceries and utilities are just 5% and 3% below the average, respectively. Transportation costs are 10% lower, and healthcare costs are 2% higher than the national average. Miscellaneous expenses are also 8% below the average, providing additional savings for residents.
Bangor, PA, offers a cost of living that is notably lower than the nationwide average. The housing index in Bangor stands at 85, which is 15% below the national average of 100. This means that housing costs in Bangor are more affordable, making it an attractive option for those looking to save on their living expenses. The lower housing costs can significantly reduce the overall cost of living, allowing residents to allocate more of their budget to other essential needs.
In addition to housing, other cost categories in Bangor also show a favorable comparison to the national average. Groceries, utilities, transportation, healthcare, and miscellaneous expenses are all slightly below or close to the national average. For instance, groceries cost 95, which is 5% less than the average, while utilities are at 97, just 3% above the average. Transportation costs are at 90, which is 10% lower than the average. These figures indicate that while Bangor offers lower housing costs, other living expenses remain relatively competitive, making it a balanced choice for those seeking a more affordable lifestyle.