Housing costs in Northwood?
A typical home costs
$199,100, which is 41.1% less expensive than the national average of
$338,100 and 17.3% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Northwood costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$920.
Can I afford Northwood?
To live comfortably in Northwood, North Dakota, a minimum annual income of
$38,160 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Northwood?
The cost of living in Northwood, ND is quite affordable. The median home price is around $74,000 and the median rent for a two bedroom apartment is just over $600 per month. Utilities are also quite affordable as the average cost of electricity is 11% lower than the national average. Overall, Northwood has a very reasonable cost of living that allows residents to live comfortably without breaking the bank.