Cost of Living: Bangor, ME vs Cambridge, MD
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Bangor | Cambridge |
|---|---|---|
| Housing Index | 110.5 | Data is updating |
| Median Home Price | $227,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Bangor vs Cambridge
- The median home price in Cambridge is higher at $265,000, compared to $227,000 in Bangor.
- The rent for a two-bedroom apartment is equal in both Bangor and Cambridge at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Bangor | Cambridge |
|---|---|---|
| Electricity Price | $22.26 | $17.41 |
| Natural Gas Price | $21.63 | $18.44 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Bangor vs Cambridge
- Electricity costs are higher in Bangor at $22.26 per kWh, compared to $17.41 in Cambridge.
- Natural gas is more expensive in Bangor at $21.63 per unit, while it is cheaper at $18.44 in Cambridge.
- Utility expenses are equal in both Bangor and Cambridge averaging $250.