Cost of Living in Devils lake, ND

Housing

The housing market plays a significant role in determining the cost of living in Devils lake, ND.

• Housing Index: 0.0 / 100
• Median Home Price is: $198000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

In Devils lake, ND, the current housing index of 0.0 suggests a highly attractive real estate market for potential homebuyers. The median home price stands at an appealing 198000, making it an optimal choice for those looking to invest. However, the absence of rental data indicates potential challenges in the rental market, as both average rents for 2-bedroom apartments and houses are recorded at zero. Therefore, if you're considering moving to Devils lake, focus on homeownership at this price, while remaining aware of the possible scarcity in rental options.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Devils lake, ND.

• Electricity Price: 13.65 USD (median by state)
• Natural Gas Price: $10.8 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $0.0 per month

Living in Devils lake, ND could entail higher utility costs. Electricity costs sit at 13.65, while natural gas is priced at 10.8 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 0.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $41203

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Devils lake, ND, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.