Housing costs in Spencer?
A typical home costs
$311,700, which is 7.8% less expensive than the national average of
$338,100 and 29.5% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Spencer costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$920.
Can I afford Spencer?
To live comfortably in Spencer, North Dakota, a minimum annual income of
$59,760 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Spencer?
The cost of living in Spencer, ND is very affordable. The median home and rental prices are well below the national average, making it a great place to buy a home or rent a place to live. Groceries and other basic necessities are also quite inexpensive, making it easy to budget for day-to-day expenses. Overall, Spencer offers an excellent quality of life at an affordable cost.