Much like the surrounding areas, it's somewhat less expensive compared to the rest of the nation. However compared to the city of New York, it's substantially less expensive.
Home prices
The median home in Bangor costs $160,900. It is approximately $3,700 (2%) lower in comparison to the surrounding areas.It is about $56,600 (26%) lower compared to the nation as a whole, and is about $445,100 (73%) lower compared to the city of New York.
Rents
Bangor's median monthly rent is $950. This is roughly $95 (9%) lower in comparison to nearby areas.It is approximately $112 (10%) lower compared to the nation as a whole, and is about $493 (34%) lower in comparison to the city of New York.
Nearby places
Roseto
Roseto is Bangor's neighbor to the northwest. The housing prices there are pretty similar. The median home in Roseto costs $160,500, which is very similar to Bangor. Rents there are a bit more expensive. The median monthly rent in Roseto is $1,037, which works out to $87 (8%) higher than Bangor.
East Bangor
East Bangor is Bangor's neighbor to the northeast. The housing prices there are fairly similar. The median home in East Bangor is valued at $153,600, which is $7,300 (4%) lower than Bangor. Rent there is somewhat more expensive. East Bangor's median rent is $1,070 per month, which works out to $120 (11%) higher than Bangor.
Pen Argyl
Pen Argyl is approximately 2 miles west from Bangor. Its housing prices are similar. Pen Argyl's median home price is $155,600, which works out to $5,300 (3%) lower than Bangor. Rents there are fairly similar. Pen Argyl's median rent is $984 a month, which works out to $34 (3%) higher than Bangor.
Wind Gap
Wind Gap is roughly 3 miles west of Bangor. Housing prices there are somewhat more expensive. The median home price in Wind Gap is $186,100, which works out to $25,200 (13%) higher than Bangor. The rent there is a bit less expensive. Wind Gap's median rent is $829 a month, which is $121 (14%) lower than Bangor.
Saylorsburg
Saylorsburg is about 5 miles northwest from Bangor. Real estate prices there are fairly similar. Saylorsburg's median home cost is $167,200, which works out to $6,300 (3%) higher than Bangor. Its rents are a bit more expensive. Saylorsburg's median monthly rent is $1,305, which works out to $355 (27%) higher than Bangor.