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Cost of living in Fargo, ND-MN vs US average (2024)

Quick answer

Prices in Fargo, ND-MN were 9.1% below the US average in 2024 (Regional Price Parity 90.9, US = 100), with a housing-rent index of 81.1, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items90.871
Goods95.654
Housing (rents)81.142
Utilities77.324
Other services91.334
— All items by year —
202490.871
202389.135
202287.941
202192.574
202092.451
201994.995

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Last updated 2026-10-16. Data only, not financial or tax advice.

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