Minot AFB, ND Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Minot AFB, ND Summary

Cost of living in Minot AFB 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 Minot AFB 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 Minot AFB is 113, with 100 being the average.

  • The cost of living index in Minot AFB is 1.1x higher than the national average.

  • Minot AFB ranks as the #14 cheapest in North Dakota out of 14.

  • Minot AFB ranks as the #4,363 cheapest out of 6,412 in the US.

  • The median home value in Minot AFB is -.

  • The median income in Minot AFB is $72,500.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
113
Minot AFB's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Minot AFB, ND?

According to the most recent data on the cost of living, Minot AFB has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.

Compared to North Dakota, Minot AFB has a cost of living index that's 1.2x higher than North Dakota's index of 96.

The standard of living in Minot AFB ranks as #14 most affordable out of the 14 places we measured in North Dakota. By definition, that implies Minot AFB ranks as the #0 most expensive place in the Peace Garden State.

For more reading on life in Minot AFB, check out:

14 out of 14
In North Dakota
4,363 out of 6,412
In America

Minot AFB Cost Of Living Vs. North Dakota

Six factors go into calculating the cost of living index in Minot AFB. Here is how it fairs on each of the criteria:

  • The Services index in Minot AFB is 102.

  • The Groceries index in Minot AFB is 103.

  • The Health index in Minot AFB is 115.

  • The Housing index in Minot AFB is 148.

  • The Transportation index in Minot AFB is 106.

  • The Utilities index in Minot AFB is 91.

Living Expense Minot AFB North Dakota National Average
Overall 113 96 100
Services 102 98 100
Groceries 103 97 100
Health 115 112 100
Housing 148 86 100
Transportation 106 99 100
Utilities 91 100 100
For more reading on cost of living around North Dakota, check out:
Minot AFB Cost of Living Vs. ND

Minot AFB, ND Housing Cost Breakdown

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 Minot AFB is -.

  • The Median Rent in Minot AFB is $1,490.

  • The Median Income in Minot AFB is $72,500.

  • The Home Value To Income in Minot AFB is nanx.

  • The Rent To Monthly Income in Minot AFB is 0.25x.

Statistic Minot AFB North Dakota United States
Median Home Value - $209,900 $244,900
Median Rent $1,490 $853 $1,163
Median Income $72,500 $68,131 $69,021
Home Value To Income nanx 3.1x 3.5x
Rent To Monthly Income 0.25x 0.15x 0.2x
Search Homes For Sale In Minot Afb, ND
-
Median Home Value
$1,490
Median Rent
$72,500
Median Income

Minot AFB, ND Costs By Category

Detailed Minot AFB Services Costs Vs. North Dakota

Item Minot AFB North Dakota
Shampoo $1.19 $1.06
Movie $9.73 $10.68
Bowling $15.0 $14.67
Haircut $19.28 $18.62
Beauty Salon $40.26 $39.05

Detailed Minot AFB Groceries Costs Vs. North Dakota

Item Minot AFB North Dakota
Ground Beef $4.09 $4.22
Fried Chicken $1.85 $1.39
Milk $2.33 $2.05
Potatoes $3.24 $3.29
Pizza $10.99 $10.62
Beer $10.36 $9.38
Toothpaste $2.32 $2.34

Detailed Minot AFB Health Costs Vs. North Dakota

Item Minot AFB North Dakota
Optometrist $130.44 $108.57
Doctor $168.02 $116.17
Dentist $99.4 $99.13

Detailed Minot AFB Transportation Costs Vs. North Dakota

Item Minot AFB North Dakota
Gasoline $2.24 $2.22
Tire Balancing $57.24 $50.07

Detailed Minot AFB Utilities Costs Vs. North Dakota

Item Minot AFB North Dakota
All Electricity $131.33 $167.67
Phone $187.57 $175.64

Minot Afb SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
1
Affordability
1
Diversity
8.5
Safety
N/A
Amenities
7
Education
9
Commute
10

Cost Of Living In Cities Around Minot AFB

The cost of living varies in the cities and towns around Minot AFB. Here's a quick look at the cost of living in the most populous nearby places:

  • Minot, ND has a cost of living index of 104, 0.9x Minot AFB.

City Population Cost Of Living Vs. Minot AFB
Minot, ND 48,005 104 0.9x

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