Watford City, ND, has a cost of living index that is slightly below the nationwide average. The overall index stands at 93, which is 7% lower than the national average of 100. This means that, on average, residents can expect to pay less for most goods and services compared to the rest of the country.
Specifically, housing costs in Watford City are 13% lower than the national average, while groceries and utilities are just 5% below. Transportation and miscellaneous costs are also slightly lower, at 9% and 8% respectively. Healthcare costs, however, are slightly higher, at 2% above the national average. This balanced mix of costs makes Watford City an attractive option for those looking for a more affordable living environment.
Watford City, ND, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Watford City stand at 87, indicating that residents can expect to pay about 13% less than the national average for housing. This reduction can be a significant factor for individuals and families considering relocation.
In other areas, the cost of living in Watford City remains close to the national average. For instance, groceries cost 95, which is just 5% below the average. Utilities also mirror the national average, with a cost index of 95. Transportation costs are slightly lower, at 91, which means residents can save 9% on transportation expenses. Healthcare costs are slightly higher, at 98, which is 2% above the average. Miscellaneous expenses are at 92, indicating a 8% savings compared to the national average. Overall, Watford City offers a cost-effective living environment with several expenses below the national average.