Housing costs in Norwich?
A typical home costs
$267,100, which is 21.0% less expensive than the national average of
$338,100 and 11.0% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Norwich costs
$830 per month, which is 42.0% more than the national average of
$1,430 and 10.8% cheaper than the state average of
$920.
Can I afford Norwich?
To live comfortably in Norwich, North Dakota, a minimum annual income of
$51,120 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Norwich?
The cost of living in Norwich, ND is generally quite reasonable compared to other cities. The city has a low median home value of around $90,000 and the median monthly rent for a two-bedroom apartment is about $700. Groceries, utilities, and other services are also fairly affordable. In addition, the sales tax rate is only 5 percent which helps to keep costs down even further. Overall, Norwich offers a high quality of life at an affordable price for its residents.