Hope, ND Cost of Living


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Hope cost of living score
72.2
Less expensive
27.8% lower
than the US average
18.5% lower
than the North Dakota average
Hope, North Dakota gets a BestPlaces Cost of Living score of 72.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.8% lower than the U.S. average and 18.5% higher than the average for North Dakota.

Hope, ND

Housing costs in Hope?
A typical home costs $92,900, which is 72.5% less expensive than the national average of $338,100 and 61.4% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Hope costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 10.8% cheaper than the state average of $920.

Can I afford Hope?
To live comfortably in Hope, North Dakota, a minimum annual income of $17,640 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Hope?
The cost of living in Hope, ND is extremely reasonable compared to the national averages. The median home price in Hope is $142,000, far lower than the national average of $231,200. Additionally, the cost of groceries and utilities are often lower than average. Furthermore, there are no state income taxes, which can significantly reduce costs for those with higher incomes. Overall, it is an affordable place to live with a great quality of life.
   Cost of living score
     CategoriesHopeNorth DakotaUnited States
  72.288.6100.0
  9495.1100
  107.4103.4100.0
  40.482.3100.0
  $92,900$240,700$338,100
  91.2%89.4%100.0%
  68.174.4100.0
  88.592.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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