Cost of Living / Fargo, ND Metro
Cost of Living in Fargo, ND Metro
Official metro name: Fargo, ND-MN Metro Area
Fargo, ND Metro has a population of 251,635. Median household income is $73,641 and median rent is $919 per month. Rent is roughly 15.0% of median monthly income.
State: NDPopulation: 251,635Income: $73,641Rent: $919Affordability: Affordable (15.0%)
Median Household Income
$73,641
Annual (ACS median)
Median Rent
$919
Monthly (ACS median gross rent)
Rent as % of Income
15.0%
rent ÷ (income/12)
Cost Index
98
Simplified relative index
Is Fargo, ND Metro expensive?
Based on median rent and income, Fargo, ND Metro has a Affordable rent burden. Median rent is $919, which is about 15.0% of median monthly household income.
Average rent in Fargo, ND Metro
Median rent (ACS) is $919 per month. (Neighborhoods vary widely.)
How much income do you need in Fargo, ND Metro?
Median household income (ACS) is $73,641 per year. Housing costs take a bigger share of income when rent burden is high.
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.