Cost of Living in Hankinson, ND

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

84.6

100 = national avg

-15.4 vs national average

Living Wage (1 Adult)

$37,227

per year

Living Wage (Family of 4)

$87,992

per year

Cost Index by Category

Housing
56.9
Food
100.6
Transportation
101.3
Healthcare
100.5
Utilities
91.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$665

per month

2 Bedroom

$873

per month

The overall cost of living index in Hankinson is 84.6, which is 15.4% below the national average. Housing costs are below the national average at an index of 56.9. A single adult needs to earn approximately $37,227 per year to cover basic expenses.