Housing costs in Bismarck?
A typical home costs
$373,700, which is 10.5% more expensive than the national average of
$338,100 and 55.3% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Bismarck costs
$910 per month, which is 1.1% cheaper than the national average of
$920 and 2.2% cheaper than the state average of
$930.
Can I afford Bismarck?
To live comfortably in Bismarck (zip 58505), North Dakota, a minimum annual income of
$71,640 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Bismarck?
The cost of living in 58505 Bismarck, ND is quite reasonable. The area's overall cost of living index stands at 91.8, which is slightly lower than the national average of 100. This means that local residents can enjoy goods and services at relatively lower prices compared to other parts of the country. Housing costs are especially low in 58505 Bismarck, with an index score of 71.2. As a result, both renting and buying property can be incredibly affordable for those living in this part of North Dakota. Additionally, groceries, utilities, transportation, and healthcare all have scores below the national average as well. All these factors make living in 58505 Bismarck an attractive option for many who want to take advantage of its low cost of living without sacrificing quality.