Cost of living in Devils Lake research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Devils Lake is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Dakota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Devils Lake is 90, with 100 being the average.
The cost of living index in Devils Lake is 0.9x lower than the national average.
Devils Lake ranks as the #3 cheapest in North Dakota out of 14.
Devils Lake ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Devils Lake is $143,000.
The median income in Devils Lake is $40,037.
According to the most recent data on the cost of living, Devils Lake has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to North Dakota, Devils Lake has a cost of living index that's 0.9x lower than North Dakota's index of 96.
The standard of living in Devils Lake ranks as #3 most affordable out of the 14 places we measured in North Dakota. By definition, that implies Devils Lake ranks as the #11 most expensive place in the Peace Garden State.
For more reading on life in Devils Lake, check out:
Six factors go into calculating the cost of living index in Devils Lake. Here is how it fairs on each of the criteria:
The Services index in Devils Lake is 105.
The Groceries index in Devils Lake is 109.
The Health index in Devils Lake is 115.
The Housing index in Devils Lake is 53.
The Transportation index in Devils Lake is 111.
The Utilities index in Devils Lake is 89.
Living Expense | Devils Lake | North Dakota | National Average | |
---|---|---|---|---|
Overall | 90 | 96 | 100 | |
Services | 105 | 98 | 100 | |
Groceries | 109 | 97 | 100 | |
Health | 115 | 112 | 100 | |
Housing | 53 | 86 | 100 | |
Transportation | 111 | 99 | 100 | |
Utilities | 89 | 100 | 100 |
Housing swings affordability the most between places in North Dakota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Devils Lake is $143,000.
The Median Rent in Devils Lake is $621.
The Median Income in Devils Lake is $40,037.
The Home Value To Income in Devils Lake is 3.6x.
The Rent To Monthly Income in Devils Lake is 0.19x.
Statistic | Devils Lake | North Dakota | United States |
---|---|---|---|
Median Home Value | $143,000 | $209,900 | $244,900 |
Median Rent | $621 | $853 | $1,163 |
Median Income | $40,037 | $68,131 | $69,021 |
Home Value To Income | 3.6x | 3.1x | 3.5x |
Rent To Monthly Income | 0.19x | 0.15x | 0.2x |
Item | Devils Lake | North Dakota |
---|---|---|
Shampoo | $1.37 | $1.06 |
Movie | $11.19 | $10.68 |
Bowling | $9.0 | $14.67 |
Haircut | $18.67 | $18.62 |
Beauty Salon | $39.33 | $39.05 |
Item | Devils Lake | North Dakota |
---|---|---|
Ground Beef | $3.42 | $4.22 |
Fried Chicken | $1.52 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.35 | $3.29 |
Pizza | $11.21 | $10.62 |
Beer | $8.23 | $9.38 |
Toothpaste | $2.95 | $2.34 |
Item | Devils Lake | North Dakota |
---|---|---|
Optometrist | $118.06 | $108.57 |
Doctor | $154.63 | $116.17 |
Dentist | $105.22 | $99.13 |
Item | Devils Lake | North Dakota |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $62.68 | $50.07 |
Item | Devils Lake | North Dakota |
---|---|---|
All Electricity | $129.14 | $167.67 |
Phone | $188.32 | $175.64 |