Housing costs in Ray?
A typical home costs
$229,100, which is 32.2% less expensive than the national average of
$338,100 and 4.8% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Ray costs
$1,090 per month, which is 18.5% more than the national average of
$920 and close to the state average of
$1,070.
Can I afford Ray?
To live comfortably in Ray (zip 58849), North Dakota, a minimum annual income of
$43,920 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Ray?
The cost of living in 58849 Ray, ND is quite affordable. The median home value is approximately $90,000, which is significantly lower than the national average. Additionally, the median household income is around $45,000 annually and the unemployment rate is only about 3%. With fairly low housing costs and a steady job market, Ray makes an ideal place to reside for those looking for a reasonably priced place to live. Groceries are also reasonably priced at 8% below the national average. All these factors make Ray an attractive place to live and raise a family without breaking the bank.