Housing costs in McKenzie?
A typical home costs
$391,300, which is 15.7% more expensive than the national average of
$338,100 and 62.6% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in McKenzie costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 2.1% more than the state average of
$920.
Can I afford McKenzie?
To live comfortably in McKenzie, North Dakota, a minimum annual income of
$74,880 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about McKenzie?
The cost of living in McKenzie, ND is relatively low compared to other parts of the country. The median home value is around $144,000, which is well below the national average. The unemployment rate in McKenzie is also significantly lower than the national rate, making it an attractive location for potential job seekers. Groceries and other necessities are also much less expensive than in other cities, making living here very cost-effective. All in all, McKenzie provides a high quality of life at a reasonable price point for those looking to move to a more rural environment.