Cost of living in West Fargo 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 West Fargo 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 West Fargo is 98, with 100 being the average.
The cost of living index in West Fargo is 1.0x lower than the national average.
West Fargo ranks as the #7 cheapest in North Dakota out of 14.
West Fargo ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in West Fargo is $255,300.
The median income in West Fargo is $93,382.
According to the most recent data on the cost of living, West Fargo has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to North Dakota, West Fargo has a cost of living index that's 1.0x higher than North Dakota's index of 96.
The standard of living in West Fargo ranks as #7 most affordable out of the 14 places we measured in North Dakota. By definition, that implies West Fargo ranks as the #7 most expensive place in the Peace Garden State.
For more reading on life in West Fargo, check out:
Six factors go into calculating the cost of living index in West Fargo. Here is how it fairs on each of the criteria:
The Services index in West Fargo is 101.
The Groceries index in West Fargo is 109.
The Health index in West Fargo is 116.
The Housing index in West Fargo is 98.
The Transportation index in West Fargo is 101.
The Utilities index in West Fargo is 86.
Living Expense | West Fargo | North Dakota | National Average | |
---|---|---|---|---|
Overall | 98 | 96 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 109 | 97 | 100 | |
Health | 116 | 112 | 100 | |
Housing | 98 | 86 | 100 | |
Transportation | 101 | 99 | 100 | |
Utilities | 86 | 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 West Fargo is $255,300.
The Median Rent in West Fargo is $963.
The Median Income in West Fargo is $93,382.
The Home Value To Income in West Fargo is 2.7x.
The Rent To Monthly Income in West Fargo is 0.12x.
Statistic | West Fargo | North Dakota | United States |
---|---|---|---|
Median Home Value | $255,300 | $209,900 | $244,900 |
Median Rent | $963 | $853 | $1,163 |
Median Income | $93,382 | $68,131 | $69,021 |
Home Value To Income | 2.7x | 3.1x | 3.5x |
Rent To Monthly Income | 0.12x | 0.15x | 0.2x |
Item | West Fargo | 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 |
Item | West Fargo | 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 |
Item | West Fargo | North Dakota |
---|---|---|
Optometrist | $93.17 | $108.57 |
Doctor | $157.22 | $116.17 |
Dentist | $95.33 | $99.13 |
Item | West Fargo | North Dakota |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $50.47 | $50.07 |
Item | West Fargo | North Dakota |
---|---|---|
All Electricity | $142.52 | $167.67 |
Phone | $25.3 | $175.64 |
The cost of living varies in the cities and towns around West Fargo. Here's a quick look at the cost of living in the most populous nearby places:
Fargo, ND has a cost of living index of 98, 1.0x West Fargo.
Moorhead, MN has a cost of living index of 97, 1.0x West Fargo.
Wahpeton, ND has a cost of living index of 88, 0.9x West Fargo.
City | Population | Cost Of Living | Vs. West Fargo |
---|---|---|---|
Fargo, ND | 124,979 | 98 | 1.0x |
Moorhead, MN | 44,129 | 97 | 1.0x |
Wahpeton, ND | 7,928 | 88 | 0.9x |