Housing costs in New Salem?
A typical home costs
$186,200, which is 44.9% less expensive than the national average of
$338,100 and 22.6% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in New Salem costs
$830 per month, which is 9.8% cheaper than the national average of
$920 and 12.0% cheaper than the state average of
$930.
Can I afford New Salem?
To live comfortably in New Salem (zip 58563), North Dakota, a minimum annual income of
$35,640 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about New Salem?
The cost of living in 58563 New Salem, ND is relatively low compared to other cities. The median home value is $79,400, which is about 18% lower than the national average. Rent costs are also quite affordable, with the median rent being around $633 per month. Groceries are moderately priced and utilities are inexpensive. Overall, the cost of living in New Salem is very reasonable and makes it an attractive place for families looking to save money while still enjoying all that North Dakota has to offer.