Housing costs in Ray?
A typical home costs
$165,000, which is 51.2% less expensive than the national average of
$338,100 and 31.4% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Ray costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 13.2% more than the state average of
$920.
Can I afford Ray?
To live comfortably in Ray, North Dakota, a minimum annual income of
$31,680 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Ray?
Ray, ND is known for its affordable cost of living. According to BestPlaces, the cost of living in Ray is 17% lower than the U.S. average. Housing costs in Ray are 13% lower than the national average, and groceries are 6% lower compared to other parts of the country. This means that residents in Ray can enjoy a comfortable lifestyle while spending less money on essentials like housing and food. Additionally, Ray has low taxes which helps to keep their overall cost of living low. All in all, Ray is an excellent choice for those looking for a high quality of life without breaking the bank.