Housing costs in Fargo?
A typical home costs
$232,900, which is 31.1% less expensive than the national average of
$338,100 and 3.2% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Fargo costs
$820 per month, which is 10.9% cheaper than the national average of
$920 and 11.0% cheaper than the state average of
$910.
Can I afford Fargo?
To live comfortably in Fargo (zip 58102), North Dakota, a minimum annual income of
$44,640 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Fargo?
The cost of living in 58102 Fargo, ND is slightly above the national average. According to the Cost of Living Index, groceries in this zip code are approximately 3.3% higher than the U.S. average, while utilities are about 2.1% lower than the national average. Housing costs are also slightly above the U.S., with an overall cost of living index score that is 0.7% higher than the nation as a whole. As a result, people who choose to live in this area should expect to pay slightly more for their everyday expenses and housing needs than those in other parts of the country.