Cost Of Living In Balfour, ND

Balfour cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Balfour	North Dakota	National
Cost of living index	82	93	100
Index	Balfour	North Dakota	National
Goods & Services index	106	100	100
Groceries index	106	103	100
Health care index	113	110	100
Housing index	37	79	100
Transportation index	93	100	100
Utilities index	79	85	100

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The cost of living in Balfour is 12% lower than the North Dakota average.
The cost of living in Balfour is 18% lower than the national average.
The cost of housing in Balfour is 63% lower than the national average.
North Dakota general sales tax is 2% lower than the national average.
North Dakota state income tax is 45% lower than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$48,750	$4,063	$1,137	$1,463
Renters	$0	$0	$0	$0

North Dakota Sales Tax

State	General Sales Tax	With Max Surtax
North Dakota	5%	8%

North Dakota Income Tax

State	Income Tax (Low)	Income Tax (High)
North Dakota	1.22%	3.22%

Goods & Services

Item	Balfour	National avg.	Difference
Haircut	$18.45	$15.56	18.5%
Beauty Salon	$23.56	$36.11	34.8%
Toothpaste	$3.24	$2.47	31.0%
Shampoo	$1.08	$0.96	12.3%
Movie	$11.11	$10.13	9.7%
Bowling	$4.25	$4.74	10.2%

Groceries

Item	Balfour	National avg.	Difference
Ground Beef	$4.07	$3.98	2.1%
Fried Chicken	$1.74	$1.41	23.7%
Milk	$2.70	$2.06	30.7%
Potatoes	$2.81	$2.98	5.7%
Pizza	$13.00	$9.47	37.2%
Beer	$8.45	$8.79	3.9%

Health Care

Item	Balfour	National avg.	Difference
Optometrist	$104.78	$101.04	3.7%
Doctor	$147.78	$107.44	37.5%
Dentist	$79.11	$90.42	12.5%
Ibuprofen	$14.30	$9.28	54.1%
Lipitor	$479.80	$426.50	12.5%

Housing

Item	Balfour	National avg.	Difference
Home Price	$65,000.00	$175,700.00	63.0%
Avg. Mortgage Payment	$1,116.11	$1,133.23	1.5%
Apartment Rent	$0.00	$920.00	100.0%

Transportation

Item	Balfour	National avg.	Difference
Gasoline	$2.06	$1.99	3.2%
Tire Balancing	$32.00	$45.76	30.1%

Utilities

Item	Balfour	National avg.	Difference
All Electricity	$124.13	$163.81	24.2%
Phone	$23.97	$28.39	15.6%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Bergen, ND	6	101	1%
Butte, ND	64	79	-21%
Drake, ND	321	79	-21%
Kief, ND	16	83	-17%
Anamoose, ND	265	84	-16%
Balfour, ND	13	82	-18%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Oyehut, WA	13	105	5%
Vernon, CO	13	102	2%
Hamberg, ND	13	73	-27%
Deputy, IN	13	93	-7%
Clifford, ND	13	77	-23%
Balfour, ND	13	82	-18%

Source: The Balfour, ND cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Balfour, ND Cost of Living