CostIndexUSA

Bangor, ME vs Des Moines, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ME
Bangor
96.5
overall index
$1,550/mo rent
More AffordableIA
Des Moines
91.7
overall index
$1,250/mo rent

Des Moines is moderately cheaper than Bangor — 5.0% lower overall cost of living.

To match an $80,000 salary in Bangor, you would need $76,000 in Des Moines. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+9.0%
Bangor
77.7
Des Moines
84.7
🛒 Groceries3.6%
Bangor
97.2
Des Moines
93.7
🚗 Transportation10.0%
Bangor
108.4
Des Moines
97.6
🏥 Healthcare9.9%
Bangor
98
Des Moines
88.3
Utilities37.2%
Bangor
134.8
Des Moines
84.6

Salary Equivalency Calculator

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

$
Equivalent salary in Des Moines, IA
$76,000
$4,000 less needed in Des Moines

Formula: salary × (91.7 ÷ 96.5) = salary × 0.9503. 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×

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Des Moines has 9.0% 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

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

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)

Des Moines, IA
5.5×income-to-rent ratio

82% 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.