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.
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:
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 |
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 |
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 |
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 |
Item | Minot AFB | North Dakota |
---|---|---|
Optometrist | $130.44 | $108.57 |
Doctor | $168.02 | $116.17 |
Dentist | $99.4 | $99.13 |
Item | Minot AFB | North Dakota |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $57.24 | $50.07 |
Item | Minot AFB | North Dakota |
---|---|---|
All Electricity | $131.33 | $167.67 |
Phone | $187.57 | $175.64 |