Cost of Living in Oakes, ND

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

Cost of Living Overview

Overall Index

91.2

100 = national avg

-8.8 vs national average

Living Wage (1 Adult)

$40,137

per year

Living Wage (Family of 4)

$94,870

per year

Cost Index by Category

Housing
82.6
Food
99.5
Transportation
86.3
Healthcare
99.6
Utilities
96.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$730

per month

2 Bedroom

$873

per month

The overall cost of living index in Oakes is 91.2, which is 8.8% below the national average. Housing costs are below the national average at an index of 82.6. A single adult needs to earn approximately $40,137 per year to cover basic expenses.