Fairmount 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.
IndexFairmountNorth DakotaNational
Cost of living index8193100
IndexFairmountNorth DakotaNational
Goods & Services index102100100
Groceries index106103100
Health care index110110100
Housing index3679100
Transportation index96100100
Utilities index9085100

Did you know?

  • The cost of living in Fairmount is 12% lower than the North Dakota average.
  • The cost of living in Fairmount is 19% lower than the national average.
  • The cost of housing in Fairmount is 64% 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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Compare Fairmount, ND Cost of living To Other Cities

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Groceries index
Health care index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,556$4,630$1,296$1,667
Renters$31,875$2,656$744$956

North Dakota Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Dakota5%8%

North Dakota Income Tax

StateIncome Tax (Low)Income Tax (High)
North Dakota1.22%3.22%

Goods & Services

ItemFairmountNational avg.Difference
Haircut $16.64$15.566.9%
Beauty Salon $29.63$36.1117.9%
Toothpaste $2.77$2.4712.2%
Shampoo $1.01$0.964.3%
Movie $10.21$10.130.8%
Bowling $3.81$4.7419.6%

Groceries

ItemFairmountNational avg.Difference
Ground Beef $3.83$3.983.8%
Fried Chicken $1.93$1.4137.2%
Milk $3.08$2.0649.1%
Potatoes $2.48$2.9816.8%
Pizza $9.18$9.473.1%
Beer $10.44$8.7918.8%

Health Care

ItemFairmountNational avg.Difference
Optometrist $76.84$101.0424.0%
Doctor $147.23$107.4437.0%
Dentist $92.40$90.422.2%
Ibuprofen $8.95$9.283.5%
Lipitor $445.67$426.504.5%

Housing

ItemFairmountNational avg.Difference
Home Price $50,500.00$175,700.0071.3%
Avg. Mortgage Payment $1,065.78$1,133.236.0%
Apartment Rent $500.00$920.0045.7%

Transportation

ItemFairmountNational avg.Difference
Gasoline $1.85$1.997.3%
Tire Balancing $47.96$45.764.8%

Utilities

ItemFairmountNational avg.Difference
All Electricity$138.49$163.8115.5%
Phone $28.13$28.390.9%
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, StatePopulationCost of Living IndexNational Avg.
Nashua, MN7373-27%
White Rock, SD474-26%
Tintah, MN5576-24%
Campbell, MN19776-24%
Doran, MN3377-23%
Fairmount, ND38481-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lovingston, VA38493-7%
Dutton, MT38483-17%
Olivet, IL38482-18%
Ruffin, NC38485-15%
Fairgarden, TN38493-7%
Fairmount, ND38481-19%
Source: The Fairmount, ND cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.