Cost of Living in Grand Forks, ND
2024 data from the Bureau of Economic Analysis
Cost Index
86.7
13.3% below avg
Housing Index
59.7
Median Income
$65,971
Median Rent
$918/mo
Cost Breakdown
Overall86.7 (-13.3%)
Housing59.7 (-40.3%)
Goods95.6 (-4.4%)
Utilities77.1 (-22.9%)
Other Services91.4 (-8.6%)
National average = 100
Income & Housing
Median Household Income
$65,971/year
Median Home Value
$225,400
Median Monthly Rent
$918/mo
Per Capita Income
$36,296/year
Compare Grand Forks, ND With
Grand Forks, ND vs Grand Island, NEGrand Forks, ND vs Florence, SCGrand Forks, ND vs Sioux City, IAGrand Forks, ND vs Kingsport, TNGrand Forks, ND vs St. Joseph, MOGrand Forks, ND vs Laredo, TXGrand Forks, ND vs Morristown, TNGrand Forks, ND vs Minot, NDGrand Forks, ND vs Waterloo, IAGrand Forks, ND vs Parkersburg, WV
Frequently Asked Questions
Is Grand Forks, ND expensive to live in?
Grand Forks, ND has a cost of living index of 86.7, which is 13.3% below the national average.
How much does housing cost in Grand Forks, ND?
Housing costs in Grand Forks, ND are indexed at 59.7 compared to the national average of 100. The median monthly rent is $918.
What is the average income in Grand Forks, ND?
The median household income in Grand Forks, ND is $65,971 per year.
What is the average home price in Grand Forks, ND?
The median home value in Grand Forks, ND is $225,400.