Housing costs in Colquhoun?
A typical home costs
$182,600, which is 46.0% less expensive than the national average of
$338,100 and 24.1% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Colquhoun costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 7.0% cheaper than the state average of
$920.
Can I afford Colquhoun?
To live comfortably in Colquhoun, North Dakota, a minimum annual income of
$34,920 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Colquhoun?
The cost of living in Colquhoun, ND is relatively low compared to other parts of the country. The median household income in Colquhoun is $46,626, which is about 11% lower than the national average. The median home value in the town is roughly $121,788, which comes out to about 22% lower than the national average. The cost of groceries and utilities is also generally lower in Colquhoun than it is elsewhere. All these factors make Colquhoun an attractive place for those looking to stretch their budget a little further.