Housing costs in Margaret?
A typical home costs
$228,900, which is 32.3% less expensive than the national average of
$338,100 and 4.9% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Margaret costs
$910 per month, which is 36.4% more than the national average of
$1,430 and close to the state average of
$920.
Can I afford Margaret?
To live comfortably in Margaret, North Dakota, a minimum annual income of
$43,920 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Margaret?
The cost of living in Margaret, ND is relatively low compared to other cities and towns across the United States. The median home value is around $73,000 and the median rent for a two-bedroom apartment is about $650 per month. Property taxes are also quite reasonable with an average rate of 0.49%. Additionally, basic necessities such as groceries and utilities remain affordable, making Margaret an excellent choice for those looking for a place to live on a tight budget.