Housing costs in Pratt?
A typical home costs
$256,600, which is 24.1% less expensive than the national average of
$338,100 and 6.6% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Pratt costs
$750 per month, which is 47.6% more than the national average of
$1,430 and 22.7% cheaper than the state average of
$920.
Can I afford Pratt?
To live comfortably in Pratt, North Dakota, a minimum annual income of
$49,320 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Pratt?
The cost of living in Pratt, ND is relatively low compared to other locations in the United States. According to data from BestPlaces.net, the overall cost of living index in Pratt is 78.6, about 22 points lower than the national average of 100. In addition, housing costs in Pratt are especially reasonable with an index score of 62.2 which indicates that rents are significantly lower than the national average. Additionally, utilities in Pratt tend to be more affordable than other places with an index score of 88.3, only 11 points above the national average. All this taken together makes Pratt a great place for people looking for an affordable place to live without sacrificing amenities or access to quality services and entertainment options.