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Cost of Living

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Cost of Living

Minot’s cost of living is 9.6% under the national average for the first quarter of 2026. (U.S. Average Composite Index = 100%) The cost of living index is published by the American Chamber of Commerce Researchers Association (ACCRA). The ACCRA Cost of Living Index measures differences between areas in the cost of consumer goods and services, excluding taxes and non-consumer expenditures. It is based on 100,000 data points, for which prices are collected quarterly by the Minot Area Chamber EDC and 288 other urban areas across the nation.


This is a snapshot in time and does not indicate a change from a prior quarter, nor can it be compared to a prior quarter.
 
  Minot,
ND 
Bismarck/Mandan,
ND Metro 
Fargo, ND-
Moorhead,
MN Metro
Grand Forks, ND Metro
    Rapid City,   
SD
100% Composite Index         90.4 87.2 95.3 90.0 97.2
Grocery Items 91.1 98.1 97.0 90.3 97.8
Housing  74.2 69.4 81.2 84.0 93.3
Utilities   81.7 81.7 88.4 93.8 88.7
Transportation 104.0 101.9 90.3 90.8 99.3
Healthcare 106.7 103.3 118.6 102.1 103.7
Misc. Goods 100.8 93.4 106.6 92.3 101.2
   

(Source: C2ER)


Sample Wages for our area

North Dakota Employment and Wages

Source: Occupational Employment and Wage Statistics (OEWS). Labor Market Information, Job Service North Dakota
 
 
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