Lakota, ND Cost of Living


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Lakota cost of living score
72.9
Less expensive
27.1% lower
than the US average
17.7% lower
than the North Dakota average
Lakota, North Dakota gets a BestPlaces Cost of Living score of 72.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.1% lower than the U.S. average and 17.7% higher than the average for North Dakota.

Lakota, ND

Housing costs in Lakota?
A typical home costs $127,200, which is 62.4% less expensive than the national average of $338,100 and 47.2% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Lakota costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 13.6% cheaper than the state average of $920.

Can I afford Lakota?
To live comfortably in Lakota, North Dakota, a minimum annual income of $24,480 for a family, and $28,800 for a single person is recommended.

What does A.I. say about Lakota?
Lakota, ND is a small town located in the heart of North Dakota. It offers an affordable cost of living; housing costs are on average lower than most areas across the state and the country. The average household income is slightly less than the national averages, but this is balanced out by low taxes and a much lower cost of living overall. Residents can enjoy amenities like quality healthcare, good schools, and entertainment without breaking the bank. Additionally, transportation costs are low as there are few public transportation options in the area, however car owners benefit from no state sales or income taxes. All in all, Lakota is an ideal place for those looking to stretch their budget while still having access to many necessary services.
   Cost of living score
     CategoriesLakotaNorth DakotaUnited States
  72.988.6100.0
  93.895.1100
  107.8103.4100.0
  38.082.3100.0
  $127,200$240,700$338,100
  84.4%89.4%100.0%
  69.774.4100.0
  88.092.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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