Cost of Living in Colfax, ND
Population: 265 | North Dakota
Colfax is 12% less expensive than the national average.
Cost of Living in Colfax, ND: What You Need to Know
With a cost of living index of 88, Colfax, ND is a very affordable place to live. Living here is 12% cheaper than the national average and 13% above the North Dakota state average of 74. Colfax is a small community of 265 residents.
The median household income in Colfax is $114,375, which is 52% higher than the national median of $75,149.
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
- $114,375
- vs US Median ($75,149)
- +52%
Housing
- Median Home Value
- $202,800
- Median Monthly Housing Cost
- $975/mo