Watford City, ND, has a cost of living index that is slightly below the nationwide average. The overall index stands at 88, which is 12% lower than the national benchmark of 100. This means that, on average, residents in Watford City can expect to pay less for most goods and services compared to the rest of the country.
Specifically, housing costs in Watford City are 20% lower than the national average, while groceries and utilities are only 10% and 5% lower, respectively. Transportation and miscellaneous costs are also slightly lower, at 15% and 12% below the national average. Healthcare costs, however, match the national average.
Watford City, ND, presents a cost of living index that varies across different categories when compared to the nationwide average. Housing costs in Watford City are notably lower, standing at 80, which is 20% below the national average. This makes housing expenses more affordable for residents and job seekers, offering a potential financial advantage.
Other areas such as groceries and utilities also show a slight decrease, with indices of 90 and 95, respectively. These are 10% and 5% below the national average. However, healthcare costs remain on par with the national average, indexed at 100. This balance in healthcare costs ensures that essential medical services are accessible without significant financial strain. Overall, the cost of living in Watford City provides a mix of lower and comparable expenses, making it an attractive option for those considering relocation.
