Housing costs in Fargo?
A typical home costs
$219,200, which is 35.2% less expensive than the national average of
$338,100 and 8.9% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Fargo costs
$890 per month, which is 3.3% cheaper than the national average of
$920 and 2.2% cheaper than the state average of
$910.
Can I afford Fargo?
To live comfortably in Fargo (zip 58103), North Dakota, a minimum annual income of
$42,120 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Fargo?
Living in 58103 Fargo, ND is relatively affordable compared to some other parts of the United States. The median home value is around $175,000, while the median rent is about $1,000. Additionally, the cost of living index for Fargo is 98.6 which is significantly lower than the national average of 100. Groceries, transportation and health care costs are all much lower in 58103 Fargo than the average for American cities. Utility costs are also below average due to an abundance of wind energy and a cold climate that requires less air conditioning and heating than many other areas of the country.