Devils Lake, ND, shows a cost of living index below the nationwide average, which stands at 100. The overall cost of living index in Devils Lake is 92, indicating it is 8% less expensive than the national average. Housing costs notably lower in Devils Lake at 85, meaning it is 15% cheaper than the national average. Groceries at 95 show a minimal increase, only 5% higher than the national average. This makes Devils Lake a slightly affordable option for job seekers considering relocation.
Devils Lake, ND, exhibits a cost of living index that offers several insights for professional job seekers considering this region. When comparing the cost of living in Devils Lake to the nationwide average, which is set at 100, it becomes evident that the housing costs are notably lower. Specifically, housing in Devils Lake is priced at 85 on the index, which is 15% below the national average. This makes housing more affordable, potentially saving individuals and families a considerable portion of their budget.
Beyond housing, other living expenses in Devils Lake also show differences from the national average. Groceries, for instance, are priced at 95 on the cost of living index, which is 5% below the national average. Utilities follow closely with a 93 index value, reflecting a 7% reduction in costs compared to the nationwide average. Transportation costs, at 90 on the index, also offer a slight advantage, being 10% lower. Healthcare costs are slightly above average, with an index of 98, indicating a minimal 2% increase. Miscellaneous costs, meanwhile, align closely with the national average at 92, reflecting just an 8% difference. This comprehensive overview illustrates that Devils Lake presents a cost-effective alternative for those seeking a balanced and affordable lifestyle.
