Watford City, ND Cost Of Living
Cost Of Living In Watford City, ND Summary
Cost of living in Watford City research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Watford City is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Dakota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Watford City is 100, with 100 being the average.
The cost of living index in Watford City is 1.0x lower than the national average.
Watford City ranks as the #9 cheapest in North Dakota out of 14.
Watford City ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Watford City is $314,100.
The median income in Watford City is $76,366.
Table Of Contents
Watford City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Watford City, ND?
According to the most recent data on the cost of living, Watford City has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to North Dakota, Watford City has a cost of living index that's 1.0x higher than North Dakota's index of 96.
The standard of living in Watford City ranks as #9 most affordable out of the 14 places we measured in North Dakota. By definition, that implies Watford City ranks as the #5 most expensive place in the Peace Garden State.
For more reading on life in Watford City, check out:
- Living In Watford City
- Watford City Crime Report
- Search Homes For Sale In Watford City, ND
In North Dakota
In America
Watford City Cost Of Living Vs. North Dakota
Six factors go into calculating the cost of living index in Watford City. Here is how it fairs on each of the criteria:
The Services index in Watford City is 101.
The Groceries index in Watford City is 101.
The Health index in Watford City is 117.
The Housing index in Watford City is 98.
The Transportation index in Watford City is 108.
The Utilities index in Watford City is 90.
| Living Expense | Watford City | North Dakota | National Average | |
|---|---|---|---|---|
| Overall | 100 | 96 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 101 | 97 | 100 | |
| Health | 117 | 112 | 100 | |
| Housing | 98 | 86 | 100 | |
| Transportation | 108 | 99 | 100 | |
| Utilities | 90 | 100 | 100 | |
Watford City, ND Housing Cost Breakdown
Housing swings affordability the most between places in North Dakota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Watford City is $314,100.
The Median Rent in Watford City is $1,244.
The Median Income in Watford City is $76,366.
The Home Value To Income in Watford City is 4.1x.
The Rent To Monthly Income in Watford City is 0.2x.
| Statistic | Watford City | North Dakota | United States |
|---|---|---|---|
| Median Home Value | $314,100 | $209,900 | $244,900 |
| Median Rent | $1,244 | $853 | $1,163 |
| Median Income | $76,366 | $68,131 | $69,021 |
| Home Value To Income | 4.1x | 3.1x | 3.5x |
| Rent To Monthly Income | 0.2x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Watford City, ND Costs By Category
Detailed Watford City Services Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| Shampoo | $1.19 | $1.06 |
| Movie | $9.73 | $10.68 |
| Bowling | $15.0 | $14.67 |
| Haircut | $19.28 | $18.62 |
| Beauty Salon | $40.26 | $39.05 |
Detailed Watford City Groceries Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.85 | $1.39 |
| Milk | $2.33 | $2.05 |
| Potatoes | $3.24 | $3.29 |
| Pizza | $10.99 | $10.62 |
| Beer | $10.36 | $9.38 |
| Toothpaste | $2.32 | $2.34 |
Detailed Watford City Health Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| Optometrist | $130.44 | $108.57 |
| Doctor | $168.02 | $116.17 |
| Dentist | $99.4 | $99.13 |
Detailed Watford City Transportation Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $57.24 | $50.07 |
Detailed Watford City Utilities Costs Vs. North Dakota
| Item | Watford City | North Dakota |
|---|---|---|
| All Electricity | $131.33 | $167.67 |
| Phone | $187.57 | $175.64 |
Watford City SnackAbility
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