CostIndexUSA

Bangor, ME vs Cheyenne, WY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostME
Bangor
96.5
overall index
$1,550/mo rent
WY
Cheyenne
96.5
overall index
$1,475/mo rent

Bangor and Cheyenne have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+15.6%
Bangor
77.7
Cheyenne
89.8
🛒 Groceries1.9%
Bangor
97.2
Cheyenne
95.4
🚗 Transportation2.8%
Bangor
108.4
Cheyenne
105.4
🏥 Healthcare2.7%
Bangor
98
Cheyenne
95.4
Utilities42.1%
Bangor
134.8
Cheyenne
78

Salary Equivalency Calculator

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

$
Equivalent salary in Cheyenne, WY
$80,000
Same salary works in both cities

Formula: salary × (96.5 ÷ 96.5) = salary × 1.0000. 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×

Cheyenne, WY

Median Home Price
$377,000
Median Monthly Rent
$1,475
Housing Index
89.8
Price-to-Rent Ratio
21.3×

Cheyenne has 15.6% 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

Cheyenne, WY

Median Household Income
$75,100
Per Capita Income
$42,800
Unemployment Rate
5.4%
Population
63,957
Top Industries
GovernmentMilitaryHealthcareRetailManufacturing

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)

Cheyenne, WY
4.2×income-to-rent ratio

76% 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.