CostIndexUSA

Bangor, ME vs Ocala, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ME
Bangor
96.5
overall index
$1,550/mo rent
More AffordableFL
Ocala
95.2
overall index
$1,600/mo rent

Ocala is slightly cheaper than Bangor — 1.3% lower overall cost of living.

To match an $80,000 salary in Bangor, you would need $78,900 in Ocala. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+10.9%
Bangor
77.7
Ocala
86.2
🛒 Groceries1.0%
Bangor
97.2
Ocala
96.2
🚗 Transportation4.2%
Bangor
108.4
Ocala
103.8
🏥 Healthcare4.2%
Bangor
98
Ocala
93.9
Utilities35.4%
Bangor
134.8
Ocala
87.1

Salary Equivalency Calculator

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

$
Equivalent salary in Ocala, FL
$78,900
$1,100 less needed in Ocala

Formula: salary × (95.2 ÷ 96.5) = salary × 0.9865. 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×

Ocala, FL

Median Home Price
$271,000
Median Monthly Rent
$1,600
Housing Index
86.2
Price-to-Rent Ratio
14.1×

Ocala has 10.9% 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

Ocala, FL

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
63,591
Top Industries
HealthcareEquestrianManufacturingRetailAgriculture

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)

Ocala, FL
3.1×income-to-rent ratio

67% 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.