Cost of Living in Minot, ND
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.6
100 = national avg
+10.6 vs national average
Living Wage (1 Adult)
$48,667
per year
Living Wage (Family of 4)
$115,031
per year
Cost Index by Category
Housing116.2
Food109.2
Transportation94.6
Healthcare107.3
Utilities108.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$960
per month
2 Bedroom
$1,165
per month
The overall cost of living index in Minot is 110.6, which is 10.6% above the national average. Housing costs are above the national average at an index of 116.2. A single adult needs to earn approximately $48,667 per year to cover basic expenses.