The cost of living index in Watford City, ND, shows a mix of affordability and moderate expenses. Housing costs are 15% below the nationwide average, offering a significant advantage to potential residents. Groceries and utilities hover around the average, with miscellaneous expenses also being close to the national norm.
Healthcare costs in Watford City, ND, are 5% below the national average, providing additional savings. Transportation costs match the nationwide average, while groceries and miscellaneous expenses also stay near the standard. This combination suggests that Watford City can be a cost-effective place to live.
Watford City, ND, showcases a cost of living index that diverges from the nationwide average in several key areas. Housing costs in Watford City stand at 85, representing a 15% decrease compared to the national average of 100. This suggests that residents can find more affordable housing options in Watford City, which might be an attractive factor for individuals looking to minimize their housing expenses.
In other categories, Watford City exhibits different trends. For example, the groceries index is 90, indicating a 10% reduction from the national average. Additionally, the utilities index is 95, which is only a 5% decrease. These figures reflect that while housing is cheaper, groceries and utilities are slightly less affordable. Transportation costs, however, match the national average at 100, offering no change in this category. Healthcare costs also remain close to the average, with an index of 95, reflecting a 5% reduction. Miscellaneous expenses are at 90, showing a 10% decrease. Overall, Watford City presents a balanced cost of living scenario with some categories being more affordable and others being comparable to the national average.