Bangor, PA, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Bangor stands at 85, which is 15% below the national benchmark of 100. This lower cost of living makes Bangor an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Bangor are 25% below the national average, while groceries and healthcare are only 10% below. Utilities and transportation also remain slightly below the average, at 5% and 15% respectively. This balanced reduction across various categories ensures that residents can enjoy a more affordable lifestyle without significant trade-offs.
Bangor, PA, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Specifically, the housing index in Bangor stands at 75, indicating that housing costs are 25% less than the national average. This means that individuals can expect to spend significantly less on rent or mortgage payments compared to other parts of the country.
In addition to housing, other areas such as groceries, utilities, transportation, healthcare, and miscellaneous expenses also reflect a lower cost of living. Groceries in Bangor are priced at 90, which is 10% below the national average. Utilities, at 95, are just 5% above the average, while transportation costs at 85 are 15% lower. Healthcare, at 90, matches the national average, and miscellaneous expenses at 80 are 20% below the average. Overall, Bangor offers a cost of living that is 15% below the national average, making it an attractive option for those looking to reduce their expenses.