Housing costs in Cathay?
A typical home costs
$42,000, which is 87.6% less expensive than the national average of
$338,100 and 82.6% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Cathay costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 7.1% more than the state average of
$920.
Can I afford Cathay?
To live comfortably in Cathay, North Dakota, a minimum annual income of
$7,920 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Cathay?
The cost of living in Cathay, ND is relatively low. The area has a low cost of housing and utilities, and the average cost of food is lower than most other places in the country. According to BestPlaces, the overall cost of living index in Cathay is 39.61, which is 15% lower than the U.S. national average. This makes it an ideal place for those looking to save money by living in a less expensive part of the state or country. Additionally, there are many job opportunities available within the area, so individuals can easily find a way to make ends meet without breaking their budget.