Cost of Living in Fargo, OK

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

Cost of Living Overview

Overall Index

86.6

100 = national avg

-13.4 vs national average

Living Wage (1 Adult)

$38,110

per year

Living Wage (Family of 4)

$90,079

per year

Cost Index by Category

Housing
60.6
Food
101.4
Transportation
102.7
Healthcare
101.1
Utilities
92.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$855

per month

2 Bedroom

$937

per month

The overall cost of living index in Fargo is 86.6, which is 13.4% below the national average. Housing costs are below the national average at an index of 60.6. A single adult needs to earn approximately $38,110 per year to cover basic expenses.