Housing costs in Mercer?
A typical home costs
$202,400, which is 40.1% less expensive than the national average of
$338,100 and 15.9% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Mercer 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 Mercer?
To live comfortably in Mercer, North Dakota, a minimum annual income of
$38,880 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Mercer?
Mercer, ND is known for its affordable cost of living. The median home value in Mercer is $117,600, which is significantly lower than both the state and national averages. The overall cost of living index in Mercer is 80.1, which is 20% lower than the U.S. average and 14% lower than the North Dakota average. Additionally, groceries and utilities are much more affordable in Mercer than other areas of the country, while health care costs remain consistent with national averages. All these factors make Mercer an attractive destination for those looking to enjoy a comfortable life without breaking the bank.