Cost of Living in Balta, ND
Population: 56 | North Dakota
Balta is 22% less expensive than the national average.
Cost of Living in Balta, ND: What You Need to Know
With a cost of living index of 78, Balta, ND is a very affordable place to live. Living here is 22% cheaper than the national average and 4% above the North Dakota state average of 74. Balta is a small community of 56 residents.
The median household income in Balta is $30,625, which is 59% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Minot, ND (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $30,625
- vs US Median ($75,149)
- -59%
Housing
- Median Home Value
- $84,400
- Median Monthly Housing Cost
- $659/mo
Everyday Prices in Balta
BLS Average Prices for the Minot, ND (Metropolitan Statistical Area) area