Housing costs in Balfour?
A typical home costs
$124,700, which is 63.1% less expensive than the national average of
$338,100 and 48.2% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Balfour costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 24.3% cheaper than the state average of
$920.
Can I afford Balfour?
To live comfortably in Balfour, North Dakota, a minimum annual income of
$23,760 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Balfour?
Balfour, ND has a relatively low cost of living compared to other cities in the United States. The median home value is around $148,000, and the median gross rent is approximately $744 per month. Additionally, utilities such as electricity and water are quite affordable in Balfour. Other costs such as healthcare, groceries, and transportation are also very reasonable. In general, living in Balfour is an excellent value for anyone looking to establish a life outside of a major metropolitan area without breaking the bank.