Bangor, ME vs Waterville, ME

Bangor, ME and Waterville, ME have a very similar cost of living, with only a 1.9% difference in their overall index. Bangor scores 80 while Waterville scores 79 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bangor is $1,019/month compared to $957/month in Waterville — a 7% difference. Home values follow the same pattern: Waterville is more affordable at $173,700 median vs $206,300.

Median household income in Bangor is $58,096 compared to $47,489 in Waterville (+22.3%). While Bangor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bangor spend roughly 21% of their income on rent, less than the 24.2% in Waterville.

Climate-wise, both cities share similar average temperatures (45°F vs 46.1°F). Waterville receives more rainfall at 41.8" per year compared to 41.7" in Bangor.