Cost Of Living in Minot AFB, ND

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Minot AFB	North Dakota	National
Cost of living	117	94	100
Goods & Services	99	96	100
Groceries	92	93	100
Health care	115	111	100
Housing	158	85	100
Transportation	104	100	100
Utilities	97	99	100

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Cost Of Living Quick Facts

The cost of living in Minot AFB is 24% higher than the North Dakota average
The cost of living in Minot AFB is 17% higher than the national average
Minot AFB housing is 58% higher than the national average
North Dakota general sales tax is 2% lower than the national average
North Dakota state income tax is 58% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$0	$0	$0	$0
Renters	$64,196	$5,350	$1,498	$1,926

The affordability of the housing market in Minot AFB, ND as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Minot AFB homeowners, the median income is $0. This indicates that a monthly maximum of $0 should be spent by homeowners on all housing related costs. Renters have a median income of $64,196. This indicates that renters would have a maximum of $1,498 for their rent related monthly costs.

North Dakota Sales Tax

State	General Sales Tax	With Max Surtax
North Dakota	5%	8%

North Dakota Income Tax

State	Income Tax (Low)	Income Tax (High)
North Dakota	1.1%	2.9%

Goods & Services

Item	Minot AFB	National avg.	Difference
Haircut	$19.55	$24.26	19.4%
Beauty Salon	$47.78	$45.56	4.9%
Toothpaste	$3.74	$3.70	1.0%
Shampoo	$1.12	$1.28	12.5%
Movie	$12.67	$12.13	4.4%
Bowling	$7.50	$18.00	58.3%

Groceries

Item	Minot AFB	National avg.	Difference
Ground Beef	$5.62	$5.84	3.8%
Fried Chicken	$1.41	$1.57	10.4%
Milk	$4.48	$4.67	4.1%
Potatoes	$4.65	$4.93	5.7%
Pizza	$12.31	$12.09	1.8%
Beer	$10.75	$10.41	3.3%

Health Care

Item	Minot AFB	National avg.	Difference
Optometrist	$140.01	$125.68	11.4%
Doctor	$166.95	$135.78	23.0%
Dentist	$135.25	$113.29	19.4%
Ibuprofen	$10.02	$10.65	5.9%
Lipitor	$518.15	$468.60	10.6%

Housing

Item	Minot AFB	National avg.	Difference
Home Price	$0.00	$184,700.00	100.0%
Avg. Mortgage Payment	$1,924.65	$2,346.69	18.0%
Apartment Rent	$1,497.00	$949.00	57.7%

Transportation

Item	Minot AFB	National avg.	Difference
Gasoline	$3.40	$3.46	1.9%
Tire Balancing	$71.21	$59.92	18.8%

Utilities

Item	Minot AFB	National avg.	Difference
All Electricity	$182.72	$193.99	5.8%
Phone	$194.52	$192.25	1.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Grano, ND	2	99	1.0%
Ruthville, ND	125	71	29.1%
Deering, ND	132	86	14.1%
Des Lacs, ND	264	87	13.2%
Lansford, ND	204	89	10.7%
Minot AFB, ND	5,974	117	16.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Highland Lakes, AL	5,973	142	41.6%
Salton City, CA	5,975	105	5.4%
Portland, IN	5,972	84	16.2%
Ware, MA	5,978	104	4.1%
Ocean City, FL	5,969	100	0.3%
Minot AFB, ND	5,974	117	16.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Minot AFB, ND