Housing costs in Grand Forks?
A typical home costs
$258,400, which is 23.6% less expensive than the national average of
$338,100 and 7.4% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Grand Forks costs
$960 per month, which is 4.3% more than the national average of
$920 and 7.3% more than the state average of
$890.
Can I afford Grand Forks?
To live comfortably in Grand Forks (zip 58201), North Dakota, a minimum annual income of
$49,680 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Grand Forks?
The cost of living in 58201 Grand Forks, ND is quite reasonable. According to BestPlaces's Cost of Living Index, the city has a score of 57.89, which is 4.4% lower than the national average. Additionally, housing costs are quite affordable with an average monthly rent for a one-bedroom apartment being around $735 and an average home price of $187,190. Utilities are also quite affordable and the overall cost of grocery items is relatively low compared to other cities in the United States. All-in-all, 58201 Grand Forks is an economically sound area with reasonable costs of living for those looking to settle down here.