CostIndexUSA

Bangor, ME vs Charleston, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableME
Bangor
96.5
overall index
$1,550/mo rent
SC
Charleston
101
overall index
$1,950/mo rent

Bangor is slightly cheaper than Charleston — 4.7% lower overall cost of living.

To match an $80,000 salary in Bangor, you would need $83,700 in Charleston. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+54.2%
Bangor
77.7
Charleston
119.8
🛒 Groceries0.9%
Bangor
97.2
Charleston
96.3
🚗 Transportation4.8%
Bangor
108.4
Charleston
103.2
🏥 Healthcare4.7%
Bangor
98
Charleston
93.4
Utilities34.6%
Bangor
134.8
Charleston
88.2

Salary Equivalency Calculator

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

$
Equivalent salary in Charleston, SC
$83,700
$3,700 more needed in Charleston

Formula: salary × (101 ÷ 96.5) = salary × 1.0466. 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×

Charleston, SC

Median Home Price
$425,000
Median Monthly Rent
$1,950
Housing Index
119.8
Price-to-Rent Ratio
18.2×

Charleston has 54.2% 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

Charleston, SC

Median Household Income
$85,200
Per Capita Income
$48,600
Unemployment Rate
3.4%
Population
150,227
Top Industries
MilitaryTourismHealthcareTechnologyManufacturing

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)

Charleston, SC
3.6×income-to-rent ratio

73% 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.