Valley City, ND Cost Of Living
Cost Of Living In Valley City, ND Summary
Cost of living in Valley City 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 Valley City 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 Valley City is 85, with 100 being the average.
The cost of living index in Valley City is 0.8x lower than the national average.
Valley City ranks as the #1 cheapest in North Dakota out of 14.
Valley City ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Valley City is $136,500.
The median income in Valley City is $54,629.
Table Of Contents
Valley City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Valley City, ND?
According to the most recent data on the cost of living, Valley City has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to North Dakota, Valley City has a cost of living index that's 0.9x lower than North Dakota's index of 96.
The standard of living in Valley City ranks as #1 most affordable out of the 14 places we measured in North Dakota. By definition, that implies Valley City ranks as the #13 most expensive place in the Peace Garden State.
For more reading on life in Valley City, check out:
- Living In Valley City
- Valley City Crime Report
- Search Homes For Sale In Valley City, ND
In North Dakota
In America
Valley City Cost Of Living Vs. North Dakota
Six factors go into calculating the cost of living index in Valley City. Here is how it fairs on each of the criteria:
The Services index in Valley City is 101.
The Groceries index in Valley City is 110.
The Health index in Valley City is 116.
The Housing index in Valley City is 57.
The Transportation index in Valley City is 100.
The Utilities index in Valley City is 88.
| Living Expense | Valley City | North Dakota | National Average | |
|---|---|---|---|---|
| Overall | 85 | 96 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 110 | 97 | 100 | |
| Health | 116 | 112 | 100 | |
| Housing | 57 | 86 | 100 | |
| Transportation | 100 | 99 | 100 | |
| Utilities | 88 | 100 | 100 | |
Valley City, 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 Valley City is $136,500.
The Median Rent in Valley City is $731.
The Median Income in Valley City is $54,629.
The Home Value To Income in Valley City is 2.5x.
The Rent To Monthly Income in Valley City is 0.16x.
| Statistic | Valley City | North Dakota | United States |
|---|---|---|---|
| Median Home Value | $136,500 | $209,900 | $244,900 |
| Median Rent | $731 | $853 | $1,163 |
| Median Income | $54,629 | $68,131 | $69,021 |
| Home Value To Income | 2.5x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Valley City, ND Costs By Category
Detailed Valley City Services Costs Vs. North Dakota
| Item | Valley City | North Dakota |
|---|---|---|
| Shampoo | $1.26 | $1.06 |
| Movie | $11.0 | $10.68 |
| Bowling | $4.03 | $14.67 |
| Haircut | $18.03 | $18.62 |
| Beauty Salon | $34.13 | $39.05 |
Detailed Valley City Groceries Costs Vs. North Dakota
| Item | Valley City | North Dakota |
|---|---|---|
| Ground Beef | $3.4 | $4.22 |
| Fried Chicken | $1.84 | $1.39 |
| Milk | $2.96 | $2.05 |
| Potatoes | $2.73 | $3.29 |
| Pizza | $8.77 | $10.62 |
| Beer | $9.04 | $9.38 |
| Toothpaste | $2.36 | $2.34 |
Detailed Valley City Health Costs Vs. North Dakota
| Item | Valley City | North Dakota |
|---|---|---|
| Optometrist | $93.17 | $108.57 |
| Doctor | $157.22 | $116.17 |
| Dentist | $95.33 | $99.13 |
Detailed Valley City Transportation Costs Vs. North Dakota
| Item | Valley City | North Dakota |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $50.47 | $50.07 |
Detailed Valley City Utilities Costs Vs. North Dakota
| Item | Valley City | North Dakota |
|---|---|---|
| All Electricity | $142.52 | $167.67 |
| Phone | $25.3 | $175.64 |
Valley City SnackAbility
/10
