Housing costs in North Dakota?
A typical home costs
$240,700, which is 28.8% less expensive than the national average of
$338,100 and 0.0% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in North Dakota costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford North Dakota?
To live comfortably in North Dakota, a minimum annual income of
$46,080 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about North Dakota?
Living in North Dakota State is relatively affordable compared to many other states. According to BestPlaces, the cost of living index in North Dakota is 84.61, which is lower than the national average of 100. Housing costs make up a large portion of the cost of living in any area and North Dakota State is no different. The median rent for a one bedroom apartment in North Dakota State is around $700 per month while the median price for a house is around $210,000. Additionally, groceries are very affordable at 8% below the national average, making it possible to find great deals when shopping for food items. Utility costs are also relatively low throughout the state as they are 11% below the national average. Overall, living in North Dakota State can be considered quite affordable with its low cost of living that makes it a great option for those looking to relocate on a budget or save money on their monthly expenses.