Grand Forks, MN Cost of Living


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Grand Forks cost of living score
82.8
Less expensive
17.2% lower
than the US average
14.8% lower
than the Minnesota average
Grand Forks, Minnesota gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 14.8% higher than the average for Minnesota.

Grand Forks, MN

Housing costs in Grand Forks?
A typical home costs $317,700, which is 6.0% less expensive than the national average of $338,100 and 2.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Grand Forks costs $810 per month, which is 43.4% more than the national average of $1,430 and 53.1% more than the state average of $1,240.

Can I afford Grand Forks?
To live comfortably in Grand Forks, Minnesota, a minimum annual income of $60,840 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Grand Forks?
Grand Forks, MN has a relatively low cost of living compared to other cities in the United States. The median home price in Grand Forks is around $150,000 with an average cost of rent at $859. With the average salary in Grand Forks being $33,254 per year, it is easy to see why the cost of living in Grand Forks is so attractive. Additionally, groceries are relatively inexpensive and utilities tend to be lower than the national average. All of these factors make Grand Forks a great place to live for people on a budget.
   Cost of living score
     CategoriesGrand ForksMinnesotaUnited States
  82.897.2100.0
  99.697.2100
  80.978.3100.0
  92.1102.9100.0
  $317,700$309,500$338,100
  92.1%95.7%100.0%
  74.996.4100.0
  81.7117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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