Housing costs in St. Thomas?
A typical home costs
$68,800, which is 79.7% less expensive than the national average of
$338,100 and 71.4% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in St. Thomas costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 22.7% cheaper than the state average of
$920.
Can I afford St. Thomas?
To live comfortably in St. Thomas, North Dakota, a minimum annual income of
$13,320 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about St. Thomas?
The cost of living in St. Thomas, ND is quite low compared to other areas of the country. The housing market is very affordable with median home values being at $82,400, and a monthly rent cost averaging at $571 per month. Other costs such as utilities, healthcare, transportation and groceries are also quite reasonable when compared to the national average. With many amenities within close proximity and no state income tax, living in St. Thomas can be a great value for those looking for an affordable place to call home.