Zip 58030 (Fairmount, ND) Cost of Living


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Fairmount cost of living score
76.4
Less expensive
23.6% lower
than the US average
13.8% lower
than the North Dakota average
Fairmount (zip 58030), North Dakota gets a BestPlaces Cost of Living score of 76.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.6% lower than the U.S. average and 13.8% higher than the average for North Dakota.

Zip 58030 (Fairmount, ND)

Housing costs in Fairmount?
A typical home costs $102,900, which is 69.6% less expensive than the national average of $338,100 and 57.2% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Fairmount costs $720 per month, which is 21.7% cheaper than the national average of $920 and 15.3% cheaper than the state average of $830.

Can I afford Fairmount?
To live comfortably in Fairmount (zip 58030), North Dakota, a minimum annual income of $19,800 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Fairmount?
Fairmount, ND is an affordable place to live. The cost of living is well below the national average, with housing costs making up a large portion of that equation. According to the most recent census data, the median home value in Fairmount is $67,800, which is significantly lower than the median home value for North Dakota of $215,000. Additionally, utilities are relatively inexpensive in Fairmount and other basic necessities are also reasonably priced. Overall, the cost of living in 58030 Fairmount makes it an attractive option for individuals and families looking to save money on their living expenses.
   Cost of living score
     CategoriesFairmountNorth DakotaUnited States
  76.488.6100.0
  92.895.1100
  109.2103.4100.0
  28.982.3100.0
  $102,900$240,700$338,100
  89.8%89.4%100.0%
  70.174.4100.0
  93.592.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime