Housing costs in Minot?
A typical home costs
$265,000, which is 21.6% less expensive than the national average of
$338,100 and 10.1% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Minot costs
$1,030 per month, which is 12.0% more than the national average of
$920 and 3.9% more than the state average of
$990.
Can I afford Minot?
To live comfortably in Minot (zip 58707), North Dakota, a minimum annual income of
$50,760 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Minot?
The cost of living in 58707 Minot, ND is quite reasonable. According to Bestplaces.net the median home price in the area is $171,300 making it much more affordable than most areas around the country. Additionally, the cost of groceries and other basic household expenses are relatively low compared with other parts of the nation. All these factors combine to make Minot a great place for those looking for an affordable place to live.