Watford City, ND Cost Of Living
Cost Of Living In Watford City, ND Summary
Cost of living in Watford City 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 Watford City 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 Watford City is 113, with 100 being the average.
The cost of living index in Watford City is 1.1x higher than the national average.
Watford City ranks as the #13 cheapest in North Dakota out of 13.
Watford City ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Watford City is $377,120.
The median income in Watford City is $88,351.
Table Of Contents
Watford City's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Watford City, ND?
According to the most recent data on the cost of living, Watford City has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to North Dakota, Watford City has a cost of living index that's 1.2x higher than North Dakota's index of 94.
The standard of living in Watford City ranks as #13 most affordable out of the 13 places we measured in North Dakota. By definition, that implies Watford City ranks as the #0 most expensive place in the Peace Garden State.
For more reading on life in Watford City, check out:
In North Dakota
In America
Watford City Cost Of Living Vs. North Dakota
Six factors go into calculating the cost of living index in Watford City. Here is how it fairs on each of the criteria:
The Services index in Watford City is 99.
The Groceries index in Watford City is 90.
The Health index in Watford City is 117.
The Housing index in Watford City is 145.
The Transportation index in Watford City is 105.
The Utilities index in Watford City is 99.
| Living Expense | Watford City | North Dakota | National Average | |
|---|---|---|---|---|
| Overall | 113 | 94 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 90 | 93 | 100 | |
| Health | 117 | 111 | 100 | |
| Housing | 145 | 87 | 100 | |
| Transportation | 105 | 101 | 100 | |
| Utilities | 99 | 100 | 100 | |
Watford City, 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 2019-2023. The key points are:
The Median Home Value in Watford City is $377,120.
The Median Rent in Watford City is $1,210.
The Median Income in Watford City is $88,351.
The Home Value To Income in Watford City is 4.3x.
The Rent To Monthly Income in Watford City is 0.16x.
| Statistic | Watford City | North Dakota | United States |
|---|---|---|---|
| Median Home Value | $377,120 | $281,608 | $303,400 |
| Median Rent | $1,210 | $934 | $1,348 |
| Median Income | $88,351 | $75,949 | $78,538 |
| Home Value To Income | 4.3x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.15x | 0.21x |
Median Home Value
Median Rent
Median Income
Watford City, ND Costs By Category
Detailed Watford City Services Costs Vs. North Dakota
| Item | Watford City | 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 Watford City Groceries Costs Vs. North Dakota
| Item | Watford City | 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 Watford City Health Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| Optometrist | $140.01 | $125.68 |
| Doctor | $166.95 | $135.78 |
| Dentist | $135.25 | $113.29 |
Detailed Watford City Transportation Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| Gasoline | $3.4 | $3.46 |
| Tire Balancing | $71.21 | $59.92 |
Detailed Watford City Utilities Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| All Electricity | $182.72 | $193.99 |
| Phone | $194.52 | $192.25 |
Watford City SnackAbility
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