Fargo Metro Area, ND Cost of Living


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How much do I need to live in Fargo, North Dakota?
$4,530 / month
for a family, 16.1% less expensive than the national average A total of $54,360 for the year for a family.
$2,500 / month
for a single person, 47.6% less expensive than the national average A total of $30,000 for the year for a single person.

Fargo cost of living score
89.8
Less expensive
10.2% lower
than the US average
1.4% higher
than the North Dakota average
Fargo North Dak Metro Area, North Dakota gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 1.4% lower than the average for North Dakota.

Fargo Metro Area, ND

Housing costs in Fargo?
A typical home costs $282,800, which is 16.4% less expensive than the national average of $338,100 and 17.5% more expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Fargo costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and close to the state average of $920.

Can I afford Fargo?
To live comfortably in Fargo North Dak Metro Area, North Dakota, a minimum annual income of $54,360 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Fargo?
Fargo, ND Metro Area is a great place to live with a cost of living that is below the US average. According to the most recent data, the cost of living in Fargo, ND Metro Area is 89.8 compared to the US average of 100. The median value of a home in Fargo, ND Metro Area is $282,800 which is significantly lower than the US average of $338,100. With an affordable cost of living and housing prices below the national average, Fargo offers a great quality of life for those interested in relocating.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFargoNorth DakotaUnited States
    Unlock88.6100.0
  97.8  Unlock100.0
    Unlock103.4100.0
  85.3  Unlock100.0
    Unlock$240,700$338,100
  93.8  Unlock100.0
    Unlock74.4100.0
  108.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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