Net Worth Percentile in Bangor

Your national net worth ranking uses Federal Reserve SCF data and is the same wherever you live. But Bangor’s cost of living is 23% below the national average (COL index: 77), which changes what your net worth actually buys.

Purchasing power in Bangor

National median (ages 45-54) ($247K)4.4 yrs of expenses
$1M net worth ($1.0M)17.8 yrs of expenses
$2M net worth ($2.0M)35.6 yrs of expenses
$5M net worth ($5.0M)89 yrs of expenses

Based on BLS 2023 Consumer Expenditure Survey ($56,185/yr in Bangor).

Bangor — key figures

Cost of living index77 (US avg = 100)
Median home price$286,700
Median household income$106,500

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Frequently asked questions

What net worth puts you in the top 10% in Bangor?

Nationally, the top 10% of Americans ages 45-54 have a net worth of roughly $1.7M or more. In Bangor, where cost of living is 23% below the national average (COL index: 77), that $1.7M covers approximately 30.3 years of living expenses compared to 23.3 years at the national average.

How does Bangor's cost of living affect my net worth ranking?

Bangor has a cost of living index of 77 (US average = 100). Your national percentile ranking uses Federal Reserve SCF data and is the same regardless of where you live. But your purchasing power differs: $1M in Bangor covers 17.8 years of average living expenses, versus 13.7 years at the national average.

What is the median household income in Bangor?

The median household income in Bangor is $106,500 per year. The national median household income is approximately $74,580 (Census ACS 2023).

What is the median home price in Bangor?

The median home sale price in Bangor metro area is approximately $286,700 (2024). For a household with $500K in net worth, that represents 174% of the median home price.

Other cities

HoustonCOL 83San AntonioCOL 75DallasCOL 98AustinCOL 114Fort WorthCOL 98PhoenixCOL 120TucsonCOL 92Los AngelesCOL 260
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Data: 2022 Federal Reserve Survey of Consumer Finances.

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