Fargo, ND vs Minneapolis, MN
Cost of Living Comparison
Fargo, ND is more affordable by 14.0 index points
Side-by-Side Comparison
| Category | Fargo, ND | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 90.9 | 104.8 | -14.0 |
| Housing | 81.1 | 111.8 | -30.7 |
| Goods | 95.7 | 103.1 | -7.4 |
| Utilities | 77.3 | 93.5 | -16.2 |
| Other Services | 91.3 | 104.4 | -13.1 |
Income & Housing Comparison
| Metric | Fargo, ND | Minneapolis, MN |
|---|---|---|
| Median Household Income | $73,641 | $94,673 |
| Median Home Value | $261,000 | $334,200 |
| Median Monthly Rent | $919 | $1,324 |
| Per Capita Income | $41,687 | $49,334 |
Frequently Asked Questions
Is Fargo, ND or Minneapolis, MN cheaper to live in?
Fargo, ND is more affordable. The cost of living difference is 14.0 index points (Fargo, ND: 90.9, Minneapolis, MN: 104.8).
Where is housing cheaper, Fargo, ND or Minneapolis, MN?
Housing is more affordable in Fargo, ND. Housing index: Fargo, ND (81.1) vs Minneapolis, MN (111.8).