Housing costs in Summit?
A typical home costs
$184,600, which is 45.4% less expensive than the national average of
$338,100 and 23.3% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Summit costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 9.5% cheaper than the state average of
$920.
Can I afford Summit?
To live comfortably in Summit, North Dakota, a minimum annual income of
$35,280 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Summit?
The cost of living in Summit, ND is relatively low. The median house price is around $180,000, while the median rent for an apartment is only about $750 per month. Grocery costs are also relatively affordable with overall food costs being 11% lower than the national average. Utilities such as electricity and gas also tend to be slightly less expensive than the national average. In addition, transportation is inexpensive with gas prices generally around 10% lower than the national average. All in all, living in Summit, ND can be a great way to save money on basic necessities while still enjoying all that North Dakota has to offer.