Housing costs in Morton?
A typical home costs
$436,500, which is 29.1% more expensive than the national average of
$338,100 and 81.3% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Morton 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 Morton?
To live comfortably in Morton, North Dakota, a minimum annual income of
$83,520 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Morton?
Morton, ND is known for its low cost of living. The area has an average cost of living index of 78.6, which is 22 points lower than the national average. This makes it an attractive option for those looking to save money on everyday expenses like groceries and housing. Housing costs are particularly low, with the median home value in Morton sitting at $94,800 – well below the national median home value of $231,200. Additionally, the average cost of a gallon of gas in Morton is around $2.50 while the national average hovers around $2.80. Although food prices are slightly higher in Morton than in nearby cities like Bismarck and Minot, they remain quite affordable overall. All these factors combine to make Morton an ideal place for those looking not only for a comfortable quality of life but also who want to save money on day-to-day living expenses.