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Bismarck, ND vs Minot, ND

85
Bismarck
North Dakota
VS
+6.5%
80
Minot
North Dakota

Minot is moderately more affordable than Bismarck, with a 6.5% lower cost of living index. Bismarck scores 85 compared to 80 for Minot, where the US average is 100. This difference means residents of Bismarck can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bismarck is $992/month compared to $928/month in Minot — a 7% difference. Home values follow the same pattern: Minot is more affordable at $254,400 median vs $291,400.

Median household income in Bismarck is $77,608 compared to $77,431 in Minot (+0.2%). Bismarck does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Bismarck spend roughly 15.3% of their income on rent, more than the 14.4% in Minot.

Income & Cost

Cost of Living Index
Bismarck
85
Minot
80
6% cheaper
Median Household Income
Bismarck
$77,608
Minot
$77,431

Housing

Median Rent
Bismarck
$992
Minot
$928
6% cheaper
Median Home Value
Bismarck
$291,400
Minot
$254,400
13% cheaper
Population
Bismarck
74,146
Minot
47,922

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bismarck $2.97
Minot $2.97
US $3.07
🥚
Eggs (grade A, large)
Bismarck $2.43
Minot $2.43
US $2.50
🥛
Milk (whole)
Bismarck $3.91
Minot $3.91
US $4.03
🍞
Bread (white)
Bismarck $1.80
Minot $1.80
US $1.85
🍗
Chicken breast
Bismarck $4.02
Minot $4.02
US $4.14
Electricity
Bismarck $0.14
Minot $0.14
US $0.19