Lake George, ND Cost of Living


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Lake George cost of living score
82.9
Less expensive
17.1% lower
than the US average
6.4% lower
than the North Dakota average
Lake George, North Dakota gets a BestPlaces Cost of Living score of 82.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.1% lower than the U.S. average and 6.4% higher than the average for North Dakota.

Lake George, ND

Housing costs in Lake George?
A typical home costs $364,200, which is 7.7% more expensive than the national average of $338,100 and 51.3% more expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Lake George costs $740 per month, which is 48.3% more than the national average of $1,430 and 24.3% cheaper than the state average of $920.

Can I afford Lake George?
To live comfortably in Lake George, North Dakota, a minimum annual income of $69,840 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Lake George?
The cost of living in Lake George, ND is relatively low compared to other parts of the country. The cost of housing is especially competitive when compared with larger cities, making it an attractive place to live for those looking for a more affordable lifestyle. The median home value is well-below the national average, and rent prices are also much lower than what you’d find in larger cities. Additionally, the cost of goods and services is generally quite a bit lower than the national average as well, making Lake George an attractive option for those looking to save money.
   Cost of living score
     CategoriesLake GeorgeNorth DakotaUnited States
  82.988.6100.0
  91.995.1100
  109.4103.4100.0
  106.082.3100.0
  $364,200$240,700$338,100
  88.4%89.4%100.0%
  84.574.4100.0
  85.992.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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