What is the cost of living in Minot, ND?
According to the most recent data on the cost of living, Minot has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to North Dakota, Minot has a cost of living index that's 1.1x higher than North Dakota's index of 94.
The standard of living in Minot ranks as #7 most affordable out of the 13 places we measured in North Dakota. By definition, that implies Minot ranks as the #6 most expensive place in the Peace Garden State.
For more reading on life in Minot, check out:
Minot Cost Of Living Vs. North Dakota
Six factors go into calculating the cost of living index in Minot. Here is how it fares on each of the criteria:
The Services index in Minot is 97.
The Groceries index in Minot is 97.
The Health index in Minot is 108.
The Housing index in Minot is 99.
The Transportation index in Minot is 102.
The Utilities index in Minot is 96.
| Living Expense | Minot | North Dakota | National Average |
|---|---|---|---|
| Overall | 104 | 94 | 100 |
| Services | 97 | 99 | 100 |
| Groceries | 97 | 98 | 100 |
| Health | 108 | 87 | 100 |
| Housing | 99 | 99 | 100 |
| Transportation | 102 | 102 | 100 |
| Utilities | 96 | 99 | 100 |
Minot Cost Of Living Compared To North Dakota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around North Dakota, check out:
- Most Expensive Cities In North Dakota
- Most Affordable Cities In North Dakota
- Average Rent In North Dakota
Source: Cost-of-living index 2026, normalized to US average = 100
Minot, 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 2020-2024. The key points are:
The Median Home Value in Minot is $272,694.
The Median Rent in Minot is $973.
The Median Income in Minot is $73,219.
The Home Value To Income in Minot is 3.7x.
The Rent To Monthly Income in Minot is 0.16x.
| Statistic | Minot | North Dakota | United States |
|---|---|---|---|
| Median Home Value | $272,694 | $284,075 | $332,700 |
| Median Rent | $973 | $954 | $1,413 |
| Median Income | $73,219 | $76,657 | $80,734 |
| Home Value To Income | 3.7x | 3.7x | 4.1x |
| Rent To Monthly Income | 0.16x | 0.15x | 0.21x |
Minot, ND Costs By Category
Detailed Minot Services costs vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Shampoo | $1.12 | $1.28 |
| Movie | $12.67 | $12.13 |
| Bowling | $7.5 | $18 |
| Haircut | $19.55 | $24.26 |
| Beauty Salon | $47.78 | $45.56 |
Detailed Minot Groceries costs vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Ground Beef | $5.62 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.48 | $4.67 |
| Potatoes | $4.65 | $4.93 |
| Pizza | $12.31 | $12.09 |
| Beer | $10.75 | $10.41 |
| Toothpaste | $3.74 | $3.7 |
Detailed Minot Health costs vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Optometrist | $140.01 | $125.68 |
| Doctor | $166.95 | $135.78 |
| Dentist | $135.25 | $113.29 |
Detailed Minot Transportation costs vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Gasoline | $3.4 | $3.46 |
| Tire Balancing | $71.21 | $59.92 |
Detailed Minot Utilities costs vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| All Electricity | $182.72 | $193.99 |
| Phone | $194.52 | $192.25 |
