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Cost of Living in Benedict, ND

Population: 227 | North Dakota

92
Cost of Living Index
US Average = 100

Benedict is 8% less expensive than the national average.

100
Housing
82
Home Values
89
Regional Price

Cost of Living in Benedict, ND: What You Need to Know

With a cost of living index of 92, Benedict, ND is slightly more affordable than average. Living here is 8% cheaper than the national average and 17% above the North Dakota state average of 74. Benedict is a small community of 227 residents.

The median household income in Benedict is $59,155, which is 21% 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
$59,155
vs US Median ($75,149)
-21%

Housing

Median Home Value
$250,700
Median Monthly Housing Cost
$1,145/mo

Everyday Prices in Benedict

BLS Average Prices for the Minot, ND (Metropolitan Statistical Area) area

$2.97
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.43
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.91
Milk (whole)
per gallon
-3% vs US
🍞
$1.80
Bread (white)
per lb
-3% vs US
🍗
$4.02
Chicken breast
per lb
-3% vs US
$0.14
Electricity
per kWh
-26% vs US

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