CostIndexUSA

Bangor, ME vs Missoula, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostME
Bangor
96.5
overall index
$1,550/mo rent
MT
Missoula
96.4
overall index
$1,550/mo rent

Bangor and Missoula have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+22.1%
Bangor
77.7
Missoula
94.9
🛒 Groceries1.2%
Bangor
97.2
Missoula
96
🚗 Transportation4.3%
Bangor
108.4
Missoula
103.7
🏥 Healthcare4.3%
Bangor
98
Missoula
93.8
Utilities46.5%
Bangor
134.8
Missoula
72.1

Salary Equivalency Calculator

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

$
Equivalent salary in Missoula, MT
$79,900
$100 less needed in Missoula

Formula: salary × (96.4 ÷ 96.5) = salary × 0.9990. 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×

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Missoula has 22.1% 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

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

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)

Missoula, MT
3.9×income-to-rent ratio

75% 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.