CostIndexUSA

Bangor, ME vs Cape Coral, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableME
Bangor
96.5
overall index
$1,550/mo rent
FL
Cape Coral
102.3
overall index
$1,825/mo rent

Bangor is moderately cheaper than Cape Coral — 6.0% lower overall cost of living.

To match an $80,000 salary in Bangor, you would need $84,800 in Cape Coral. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+61.0%
Bangor
77.7
Cape Coral
125.1
🛒 Groceries1.0%
Bangor
97.2
Cape Coral
96.2
🚗 Transportation4.2%
Bangor
108.4
Cape Coral
103.8
🏥 Healthcare4.2%
Bangor
98
Cape Coral
93.9
Utilities35.5%
Bangor
134.8
Cape Coral
86.9

Salary Equivalency Calculator

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

$
Equivalent salary in Cape Coral, FL
$84,800
$4,800 more needed in Cape Coral

Formula: salary × (102.3 ÷ 96.5) = salary × 1.0601. Based on BEA Regional Price Parities.

Housing Market

Bangor, ME

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

Cape Coral, FL

Median Home Price
$337,000
Median Monthly Rent
$1,825
Housing Index
125.1
Price-to-Rent Ratio
15.4×

Cape Coral has 61.0% higher housing costs compared to Bangor.

Income & Job Market

Bangor, ME

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

Cape Coral, FL

Median Household Income
$71,500
Per Capita Income
$40,800
Unemployment Rate
3.7%
Population
194,016
Top Industries
HealthcareRetailConstructionTourismFinance

Affordability at a Glance

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

Bangor, ME
3.6×income-to-rent ratio

72% of income left after rent (median)

Cape Coral, FL
3.3×income-to-rent ratio

69% 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.