Cost of Living in Sheldon, ND

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

Cost of Living Overview

Overall Index

68.6

100 = national avg

-31.4 vs national average

Living Wage (1 Adult)

$30,180

per year

Living Wage (Family of 4)

$71,334

per year

Cost Index by Category

Housing
34.3
Food
92.0
Transportation
84.1
Healthcare
93.6
Utilities
82.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$715

per month

2 Bedroom

$923

per month

The overall cost of living index in Sheldon is 68.6, which is 31.4% below the national average. Housing costs are below the national average at an index of 34.3. A single adult needs to earn approximately $30,180 per year to cover basic expenses.