Deer Lake, ND Cost of Living


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How much do I need to live in Deer Lake, North Dakota?
$3,750 / month
for a family, 30.6% less expensive than the national average A total of $45,000 for the year for a family.
$2,100 / month
for a single person, 55.9% less expensive than the national average A total of $25,200 for the year for a single person.

Deer Lake cost of living score
80.1
Less expensive
19.9% lower
than the US average
9.6% lower
than the North Dakota average
Deer Lake, North Dakota gets a BestPlaces Cost of Living score of 80.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.9% lower than the U.S. average and 9.6% higher than the average for North Dakota.

Deer Lake, ND

Housing costs in Deer Lake?
A typical home costs $235,300, which is 30.4% less expensive than the national average of $338,100 and 2.2% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Deer Lake costs $820 per month, which is 42.7% more than the national average of $1,430 and 12.2% cheaper than the state average of $920.

Can I afford Deer Lake?
To live comfortably in Deer Lake, North Dakota, a minimum annual income of $45,000 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Deer Lake?
The cost of living in Deer Lake, ND is relatively low compared to other parts of the United States. The median home value is around $195,000 and the median household income is around $62,500. The overall cost of living index in Deer Lake is 89.4 which is lower than the national average of 100. This makes it an affordable place to live for those looking for a more rural lifestyle or even a small-town feel without breaking the bank. There are also many outdoor activities available year-round, making it great for people who enjoy being active outdoors.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesDeer LakeNorth DakotaUnited States
    Unlock88.6100.0
  100.4  Unlock100.0
    Unlock103.4100.0
  27.0  Unlock100.0
    Unlock$240,700$338,100
  89.1  Unlock100.0
    Unlock74.4100.0
  94.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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