Housing costs in Bismarck?
A typical home costs
$201,000, which is 40.6% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Bismarck costs
$950 per month, which is 33.6% more than the national average of
$1,430 and 30.5% more than the state average of
$1,240.
Can I afford Bismarck?
To live comfortably in Bismarck, Minnesota, a minimum annual income of
$38,520 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Bismarck?
The cost of living in Bismarck, MN is moderately low compared to other states. The median home price is just over $200,000 and the median rent for a two-bedroom apartment is slightly over $900. The average grocery bill for a family of four is around $500 per month, which is well below the national average. Other expenses such as gas, electricity, and healthcare are all relatively affordable as well. Overall, the cost of living in Bismarck makes it an attractive place to live for people looking to relocate or start a family.