Cost of Living in Ray, ND
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.1
100 = national avg
+5.1 vs national average
Living Wage (1 Adult)
$46,247
per year
Living Wage (Family of 4)
$109,310
per year
Cost Index by Category
Housing105.8
Food103.3
Transportation106.7
Healthcare102.7
Utilities103.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,068
per month
2 Bedroom
$1,196
per month
The overall cost of living index in Ray is 105.1, which is 5.1% above the national average. Housing costs are above the national average at an index of 105.8. A single adult needs to earn approximately $46,247 per year to cover basic expenses.