Moorhead, MN Cost Of Living

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

Cost Of Living In Moorhead, MN Summary

Cost of living in Moorhead 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 Moorhead is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, 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 Moorhead is 97, with 100 being the average.

  • The cost of living index in Moorhead is 1.0x lower than the national average.

  • Moorhead ranks as the #32 cheapest in Minnesota out of 147.

  • Moorhead ranks as the #2,747 cheapest out of 6,412 in the US.

  • The median home value in Moorhead is $209,200.

  • The median income in Moorhead is $62,940.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
97
Moorhead's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Moorhead, MN?

According to the most recent data on the cost of living, Moorhead has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Minnesota, Moorhead has a cost of living index that's 1.0x higher than Minnesota's index of 95.

The standard of living in Moorhead ranks as #32 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Moorhead ranks as the #115 most expensive place in the North Star State.

For more reading on life in Moorhead, check out:

32 out of 147
In Minnesota
2,747 out of 6,412
In America

Moorhead Cost Of Living Vs. Minnesota

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

  • The Services index in Moorhead is 98.

  • The Groceries index in Moorhead is 106.

  • The Health index in Moorhead is 117.

  • The Housing index in Moorhead is 88.

  • The Transportation index in Moorhead is 97.

  • The Utilities index in Moorhead is 88.

Living Expense Moorhead Minnesota National Average
Overall 97 95 100
Services 98 101 100
Groceries 106 98 100
Health 117 111 100
Housing 88 83 100
Transportation 97 98 100
Utilities 88 95 100
For more reading on cost of living around Minnesota, check out:
Moorhead Cost of Living Vs. MN

Moorhead, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, 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 Moorhead is $209,200.

  • The Median Rent in Moorhead is $907.

  • The Median Income in Moorhead is $62,940.

  • The Home Value To Income in Moorhead is 3.3x.

  • The Rent To Monthly Income in Moorhead is 0.17x.

Statistic Moorhead Minnesota United States
Median Home Value $209,200 $250,200 $244,900
Median Rent $907 $1,081 $1,163
Median Income $62,940 $77,706 $69,021
Home Value To Income 3.3x 3.2x 3.5x
Rent To Monthly Income 0.17x 0.17x 0.2x
Search Homes For Sale In Moorhead, MN
$209,200
Median Home Value
$907
Median Rent
$62,940
Median Income

Moorhead, MN Costs By Category

Detailed Moorhead Services Costs Vs. Minnesota

Item Moorhead Minnesota
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 Moorhead Groceries Costs Vs. Minnesota

Item Moorhead Minnesota
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 Moorhead Health Costs Vs. Minnesota

Item Moorhead Minnesota
Optometrist $93.17 $108.57
Doctor $157.22 $116.17
Dentist $95.33 $99.13

Detailed Moorhead Transportation Costs Vs. Minnesota

Item Moorhead Minnesota
Gasoline $2.11 $2.22
Tire Balancing $50.47 $50.07

Detailed Moorhead Utilities Costs Vs. Minnesota

Item Moorhead Minnesota
All Electricity $142.52 $167.67
Phone $25.3 $175.64

Moorhead SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
8
Diversity
7
Safety
4
Amenities
9
Education
8.5
Commute
9

Cost Of Living In Cities Around Moorhead

The cost of living varies in the cities and towns around Moorhead. 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 Moorhead.

  • West Fargo, ND has a cost of living index of 98, 1.0x Moorhead.

  • Detroit Lakes, MN has a cost of living index of 97, 1.0x Moorhead.

City Population Cost Of Living Vs. Moorhead
Fargo, ND 124,979 98 1.0x
West Fargo, ND 37,913 98 1.0x
Detroit Lakes, MN 9,717 97 1.0x
Wahpeton, ND 7,928 88 0.9x

Articles About Minnesota

Enjoy The Snack?