Devils Lake, North Dakota, has a lower cost of living index than the nationwide average. Housing costs are notably lower, at 76 compared to the national 100. Groceries, utilities, transportation, healthcare, and miscellaneous expenses also show that Devils Lake is less expensive, with each category slightly below the average. This makes it an attractive place for job seekers looking for affordability.
The cost of living in Devils Lake, North Dakota, shows a mixed picture when compared to the nationwide average, which is set at 100. Housing costs in Devils Lake are notably lower, with an index of 76. This means that housing expenses in Devils Lake are 24% cheaper than the national average. For individuals and families, this represents a significant saving opportunity, making it easier to manage monthly expenditures on shelter.
In addition to housing, some other categories also provide savings. The transportation index stands at 85, indicating that transportation costs are 15% below the national average. Utilities, which include electricity, gas, water, and other services, are at 90, only 10% higher than the average. However, healthcare costs are slightly above average at 98, meaning they are 2% more expensive. This combination of lower and higher costs presents a balanced view for potential residents looking at Devils Lake as a place to live.