Housing costs in Deer Lake?
A typical home costs
$235,300, which is 30.4% less expensive than the national average of
$338,100 and 2.2% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Deer Lake costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 12.2% cheaper than the state average of
$920.
Can I afford Deer Lake?
To live comfortably in Deer Lake, North Dakota, a minimum annual income of
$45,000 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Deer Lake?
The cost of living in Deer Lake, ND is relatively low compared to other parts of the United States. The median home value is around $195,000 and the median household income is around $62,500. The overall cost of living index in Deer Lake is 89.4 which is lower than the national average of 100. This makes it an affordable place to live for those looking for a more rural lifestyle or even a small-town feel without breaking the bank. There are also many outdoor activities available year-round, making it great for people who enjoy being active outdoors.