Housing costs in Pherrin?
A typical home costs
$434,900, which is 28.6% more expensive than the national average of
$338,100 and 80.7% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Pherrin costs
$700 per month, which is 51.0% more than the national average of
$1,430 and 31.4% cheaper than the state average of
$920.
Can I afford Pherrin?
To live comfortably in Pherrin, North Dakota, a minimum annual income of
$83,160 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Pherrin?
The cost of living in Pherrin, ND is relatively low compared to other cities. The median home value is just under $105,000 and the median monthly rent is around $600, making it an affordable place to live. Utility costs are also much lower than the national average, with electricity costing around 8 cents per kilowatt hour and natural gas typically coming in at 15 cents per therm. Groceries and transportation are also very affordable due to the city's rural location - there are no public transportation services or expensive restaurants nearby. All in all, Pherrin is a great option for anyone looking for a low-cost place to call home.