Spencer, ND Economy

Spencer, North Dakota is a small town located in the Midwest of the United States. It has a cost of living that is lower than the national average which makes it an attractive destination for those looking for affordable housing. The average 2 bedroom rent in Spencer is $1,010 per month, compared to $1,430 nationally. Additionally, the grocery cost index in Spencer is 95 versus 100 nationally. Businesses and attractions abound in Spencer. Some popular local businesses include Farm Bureau Financial Services, Riddle Insurance Agency Inc., and Farmers Union Insurance Group. Popular attractions include Enchanted Castle Games & Gifts, Badlands Office Machines, and Dakota Sunsets Photography & Art Gallery. For those looking for a small town feel at an affordable price point, Spencer is worth considering.