CostIndexUSA

Akron, OH vs Bangor, ME Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableOH
Akron
93.4
overall index
$1,225/mo rent
ME
Bangor
96.5
overall index
$1,550/mo rent

Akron is slightly cheaper than Bangor — 3.3% lower overall cost of living.

To match an $80,000 salary in Akron, you would need $82,700 in Bangor. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+1.2%
Akron
76.8
Bangor
77.7
🛒 Groceries+3.8%
Akron
93.6
Bangor
97.2
🚗 Transportation+4.3%
Akron
103.9
Bangor
108.4
🏥 Healthcare+4.3%
Akron
94
Bangor
98
Utilities+39.8%
Akron
96.4
Bangor
134.8

Salary Equivalency Calculator

Enter your current salary in Akron to see what you'd need to earn in Bangor to maintain the same purchasing power.

$
Equivalent salary in Bangor, ME
$82,700
$2,700 more needed in Bangor

Formula: salary × (96.5 ÷ 93.4) = salary × 1.0332. Based on BEA Regional Price Parities.

Housing Market

Akron, OH

Median Home Price
$225,000
Median Monthly Rent
$1,225
Housing Index
76.8
Price-to-Rent Ratio
15.3×

Bangor, ME

Median Home Price
$265,000
Median Monthly Rent
$1,550
Housing Index
77.7
Price-to-Rent Ratio
14.2×

Bangor has 1.2% higher housing costs compared to Akron.

Income & Job Market

Akron, OH

Median Household Income
$70,100
Per Capita Income
$40,000
Unemployment Rate
4.2%
Population
190,469
Top Industries
ManufacturingHealthcareEducationTechnologyFinance

Bangor, ME

Median Household Income
$66,300
Per Capita Income
$37,800
Unemployment Rate
2.5%
Population
31,753
Top Industries
HealthcareEducationRetailManufacturingGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Akron, OH
4.8×income-to-rent ratio

79% of income left after rent (median)

Bangor, ME
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.