Cost of Living in Zip 58701 (Minot, ND)

The cost of living in 58701 Minot, ND is quite low compared to many other locations. The overall cost of living index in Minot is about 85.9, which is 15.1 percent lower than the national average. Housing costs are particularly low in Minot, with the median home value being around $157,000 and the median rent being around $750 per month. Additionally, groceries, utilities, and transportation costs are generally below average for the US as a whole. This makes 58701 an attractive option for those looking for a place to live that offers good value for money.

Our cost of living indices are based on a US average of 100. An amount below 100 means Minot (zip 58701) is cheaper than the US average. A cost of living index above 100 means Minot (zip 58701), North Dakota is more expensive.

Minot (zip 58701) cost of living is 85.5