Cost of Living in Minot, ND
Minot, ND — prices, rents and what jobs really pay here after taxes.
Salary comparison calculator
What would you need to earn in Minot, ND to keep the same lifestyle — after taxes — as in another city?
Prices in Minot, ND vs. the U.S. average
| Category | Index (U.S. = 100) | Difference |
|---|---|---|
| All items | 87.0 | −13.0% |
| Housing | 63.2 | −36.8% |
| Goods | 95.7 | −4.3% |
| Utilities | 72.9 | −27.1% |
| Other services | 91.2 | −8.8% |
Source: BEA Regional Price Parities, 2024.
Rent in Minot, ND
| Unit | Monthly rent | Income needed (30% rule) |
|---|---|---|
| Studio | $800 | $32,000/yr |
| 1 bedroom | $948 | $37,920/yr |
| 2 bedrooms | $1,151 | $46,040/yr |
| 3 bedrooms | $1,595 | $63,800/yr |
| 4 bedrooms | $1,923 | $76,920/yr |
HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.
Take-home pay in Minot, ND
- Federal income tax$3,693
- Social Security (6.2%)$3,034
- Medicare (1.45%)$710
- North Dakota income tax$0
- Take-home pay$41,503
Marginal rate: 12% federal + 0.00% state
Frequently asked questions
Is Minot, ND expensive to live in?
According to the Bureau of Economic Analysis, overall prices in the Minot, ND metro area are 87.0% of the U.S. average, with housing at 63.2%. It is the #354 most expensive of 387 metro areas we track.
What salary do you need to live in Minot, ND?
To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $52,217 in Minot, ND (before tax differences). The median wage across all jobs here is $48,940.
How much is rent in Minot, ND?
HUD’s FY2026 fair market rents for Minot, ND are $800 for a studio, $948 for one bedroom, $1,151 for two bedrooms and $1,595 for three bedrooms, including utilities.