Zip 58041 (Hankinson, ND) Cost of Living


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How much do I need to live in Hankinson, North Dakota?
$2,130 / month
for a family, 60.6% less expensive than the national average A total of $25,560 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Hankinson cost of living score
76.4
Less expensive
23.6% lower
than the US average
13.8% lower
than the North Dakota average
Hankinson (zip 58041), 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 58041 (Hankinson, ND)

Housing costs in Hankinson?
A typical home costs $133,000, which is 60.7% less expensive than the national average of $338,100 and 44.7% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Hankinson costs $810 per month, which is 12.0% cheaper than the national average of $920 and 2.5% cheaper than the state average of $830.

Can I afford Hankinson?
To live comfortably in Hankinson (zip 58041), North Dakota, a minimum annual income of $25,560 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Hankinson?
The cost of living in 58041 Hankinson, ND is generally very affordable. The median home value is only $72,900, which is significantly lower than the national average. On top of that, residents pay an average of only $2,943 per year in property taxes. The median household income for this area is around $45,068 and groceries are 7% cheaper than the national average. All in all, this small town offers a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHankinsonNorth DakotaUnited States
    Unlock88.6100.0
  92.9  Unlock100.0
    Unlock103.4100.0
  31.2  Unlock100.0
    Unlock$240,700$338,100
  91.7  Unlock100.0
    Unlock74.4100.0
  93.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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