Binford, ND Cost of Living


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United States / North Dakota / No Metro Area / Griggs County / Binford / Zip Codes

Binford cost of living score
74.2
Less expensive
25.8% lower
than the US average
16.3% lower
than the North Dakota average
Binford, North Dakota gets a BestPlaces Cost of Living score of 74.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.8% lower than the U.S. average and 16.3% higher than the average for North Dakota.

Binford, ND

Housing costs in Binford?
A typical home costs $77,300, which is 77.1% less expensive than the national average of $338,100 and 67.9% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Binford costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 27.8% cheaper than the state average of $920.

Can I afford Binford?
To live comfortably in Binford, North Dakota, a minimum annual income of $14,760 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Binford?
The cost of living in Binford, ND is relatively low compared to other parts of the country. The median home price in Binford is just over $100,000, well below the national average. Additionally, groceries and other essential items are generally quite affordable in Binford due to its rural location and lack of major businesses. Property taxes in the area are also relatively low due to the small population size. Overall, living in Binford is an economical option for those looking to settle down and start a family or retire comfortably.
   Cost of living score
     CategoriesBinfordNorth DakotaUnited States
  74.288.6100.0
  9395.1100
  107.6103.4100.0
  20.882.3100.0
  $77,300$240,700$338,100
  88.3%89.4%100.0%
  71.074.4100.0
  85.292.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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