Bangor vs Madison
Cost of Living Comparison · 2026
Bangor
Madison
The Verdict
The cost gap between these cities is 18.9%, with Bangor being the more affordable option. A $75,000 income in Bangor has equivalent purchasing power to $92,442 in Madison.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Bangor has the same purchasing power as $92,442 in Madison.
Conversely, $75,000 in Madison equals $60,849 in Bangor.
Living in Bangor vs Madison
Housing Costs
Bangor's housing index of 83 is lower Madison's 115, translating to median home prices of $235,000 vs $340,000. The $105,000 difference in home prices means roughly $6,828 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Bangor compared to $1,400/mo in Madison, a monthly difference of $400.
Grocery & Food Costs
Grocery expenses index at 104 in Bangor and 101 in Madison. A household spending the national average of $475/month on groceries would pay approximately $494/month in Bangor vs $480/month in Madison. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 108 in Bangor and 97 in Madison. Monthly utility bills average approximately $432 in Bangor vs $388 in Madison. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 104 in Bangor and 105 in Madison. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $52,500 in Bangor and $67,565 in Madison. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,047 and $63,741 respectively. Madison residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,225/month to housing in Bangor vs $1,577/month in Madison. In Bangor, median rent of $1,000/mo fits within this budget. In Madison, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 32 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
As an Amazon Associate we earn from qualifying purchases