Housing costs in Palermo?
A typical home costs
$188,600, which is 44.2% less expensive than the national average of
$338,100 and 21.6% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Palermo costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 9.5% cheaper than the state average of
$920.
Can I afford Palermo?
To live comfortably in Palermo (zip 58769), North Dakota, a minimum annual income of
$36,000 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Palermo?
The cost of living in 58769 Palermo, ND is affordable. According to the BestPlaces Cost of Living Index, Palermo has an index rating of 49, which is 8 points lower than the US average. This means that in comparison to the rest of the country, living in Palermo is relatively inexpensive. The costs for utilities, groceries, transportation and health care are all fairly low and accessible. Additionally, housing costs are among the lowest in North Dakota with a median home price just under $150,000. Overall, 58769 Palermo is a great place to live if you're looking for an affordable cost of living without sacrificing quality of life.