Elverum, ND Economy

Elverum, ND is a small town located in North Dakota with a population of approximately 5,500 people. It is home to a variety of businesses including a local grocery store, a movie theater, multiple restaurants, several banks and credit unions, and two hospitals. With an average two-bedroom rent of just $950 compared to the US average of $1,430, Elverum offers some great value for those looking to move here. The Grocery Cost Index in Elverum is 97 versus 100 in the US making groceries even more affordable than many other locations. All in all Elverum is an excellent place to live with lots of amenities at an affordable price!