Minot, ND Cost Of Living
Minot's Overall Cost Of Living
Higher Than The National Average
In North Dakota
In America
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 only North Dakota, Minot has a cost of living index that's 1.1x higher than North Dakota's index of 97.
The standard of living in Minot ranks as #3,586 most affordable out of the 6,418 places we measured in North Dakota. By definition, that implies Minot ranks as the #2,833 most expensive place in the Peace Garden State.
Minot Cost Of Living Vs. North Dakota
| Living Expense | Minot | North Dakota | National Average | |
|---|---|---|---|---|
| Overall | 104 | 97 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 102 | 105 | 100 | |
| Health | 117 | 113 | 100 | |
| Housing | 104 | 84 | 100 | |
| Transportation | 105 | 104 | 100 | |
| Utilities | 91 | 92 | 100 | |
Minot, ND Housing Cost Breakdown
Housing swings affordability the most between places in North Dakota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Minot | North Dakota | United States |
|---|---|---|---|
| Median Home Value | $211,000 | $199,900 | $229,800 |
| Median Rent | $882 | $828 | $1,096 |
| Median Income | $64,401 | $65,315 | $64,994 |
| Home Value To Income | 3.3x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.15x | 0.2x |
Detailed Minot Services Costs Vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Shampoo | $1.19 | $1.06 |
| Movie | $9.73 | $10.68 |
| Bowling | $15.0 | $14.67 |
Detailed Minot Groceries Costs Vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.85 | $1.39 |
| Milk | $2.33 | $2.05 |
Detailed Minot Health Costs Vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Haircut | $19.28 | $18.62 |
| Beauty Salon | $40.26 | $39.05 |
| Toothpaste | $2.32 | $2.34 |
Detailed Minot Transportation Costs Vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Potatoes | $3.24 | $3.29 |
| Pizza | $10.99 | $10.62 |
| Beer | $10.36 | $9.38 |
| Optometrist | $130.44 | $108.57 |
| Doctor | $168.02 | $116.17 |
| Dentist | $99.4 | $99.13 |
Detailed Minot Utilities Costs Vs. North Dakota
| Item | Minot | North Dakota |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $57.24 | $50.07 |
| All Electricity | $131.33 | $167.67 |
| Phone | $187.57 | $175.64 |
Minot SnackAbility
/10
Cost Of Living In Cities Around Minot
| City | Population | Cost Of Living | Vs. Minot |
|---|---|---|---|
| Minot AFB, ND | 5,974 | 113 | 1.1x |
