Housing costs in New Home?
A typical home costs
$380,700, which is 12.6% more expensive than the national average of
$338,100 and 58.2% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in New Home costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 13.2% cheaper than the state average of
$920.
Can I afford New Home?
To live comfortably in New Home, North Dakota, a minimum annual income of
$73,080 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about New Home?
The cost of living in New Home, ND is very affordable. The median home price in the area is just $180,000, which is much lower than the national average. Renting an apartment or house in New Home is also relatively inexpensive with many one bedroom units available for around $800 a month. Food and other essential goods are also fairly priced compared to other parts of the country, making it an attractive place to live for anyone on a budget.