Zip 58041 (Hankinson, ND) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

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
     CategoriesHankinsonNorth DakotaUnited States
  76.488.6100.0
  92.995.1100
  109.2103.4100.0
  31.282.3100.0
  $133,000$240,700$338,100
  91.7%89.4%100.0%
  69.974.4100.0
  93.592.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime