Housing costs in Grand Forks?
A typical home costs
$192,800, which is 43.0% less expensive than the national average of
$338,100 and 19.9% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Grand Forks costs
$860 per month, which is 6.5% cheaper than the national average of
$920 and 3.5% cheaper than the state average of
$890.
Can I afford Grand Forks?
To live comfortably in Grand Forks (zip 58203), North Dakota, a minimum annual income of
$37,080 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Grand Forks?
The cost of living in 58203 Grand Forks, ND is quite affordable. According to the Cost of Living Index, it is one point lower than the national average. This means that the overall cost of living in this area is lower than most other places in the country. Housing costs are relatively low compared to other areas and transportation costs are also below average. Meanwhile, groceries, healthcare and utilities all remain fairly affordable despite being slightly higher than some parts of the country. Overall, Grand Forks is a great place to live with an attractive cost-of-living score that makes it a great value for your money.