Housing costs in Raleigh?
A typical home costs
$42,000, which is 87.6% less expensive than the national average of
$338,100 and 82.6% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Raleigh 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 Raleigh?
To live comfortably in Raleigh, North Dakota, a minimum annual income of
$7,920 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Raleigh?
The cost of living in Raleigh CDP, ND is quite affordable compared to other areas in the country. The estimated median household income in Raleigh is $48,421, and the average cost of housing is below the national average at just under $120,000. Groceries and utilities are also lower than the national average. Furthermore, property taxes are typically lower than other areas, and there鈥檚 no state income tax. All these factors make Raleigh CDP a great place to live for those on a budget or looking for an affordable lifestyle.