Cost of Living in Drake, ND

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18%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
57%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Drake North Dakota National
Cost of living8295100
Groceries9899100
Health care9999100
Housing4386100
Transportation10098100
Utilities104104100
Lifestyle & Entertainment9697100
Household Items10099100
Education & Childcare9398100
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Homes For Sale In Drake, ND

property for sale

306 Cedar St

Drake, ND
property for sale

860 23rd St NE

Drake, ND
property for sale

41 6th Ave W

Drake, ND
See the Newest Homes For Sale In Drake, ND

Cost Of Living Quick Facts

  • The cost of living in Drake is 14% lower than the North Dakota average
  • The cost of living in Drake is 18% lower than the national average
  • Drake housing is 57% lower than the national average
  • North Dakota general sales tax is 2% lower than the national average
  • North Dakota state income tax is 58% lower than the national average

Most Affordable Places to Live in and Around Drake

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      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$73,320$6,110$1,711$2,200
      Renters$55,882$4,657$1,304$1,677

      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 1.1% 2.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Karlsruhe, ND58991.4%
      Kief, ND18991.4%
      Orrin, ND0991.4%
      Balfour, ND138020.4%
      Anamoose, ND3598020.4%
      Drake, ND3948218.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Midway town, AR3948317.3%
      Good Hope, GA3941000.3%
      Pierce, ID3948910.7%
      Lost Lake Woods, MI394927.9%
      Mesick, MI3948515.2%
      Drake, ND3948218.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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