Housing costs in Drake?
A typical home costs
$85,900, which is 74.6% less expensive than the national average of
$338,100 and 64.3% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Drake costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 24.3% cheaper than the state average of
$920.
Can I afford Drake?
To live comfortably in Drake, North Dakota, a minimum annual income of
$16,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Drake?
The cost of living in Drake, ND is surprisingly low. Despite being a small town, the prices for goods and services are competitively lower than some larger cities in the area. The average cost of a one bedroom apartment in Drake is around $400 a month, and groceries are generally comparable with other places in North Dakota. Overall, residents here enjoy an affordable lifestyle as well as the peace and quiet of small-town life.