Cost of Living in Halliday, ND

With a cost of living index of 72, Halliday, ND is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and in line with the North Dakota state average. Halliday is a small community of 396 residents.

Housing costs are the biggest factor in Halliday's cost of living. The median monthly rent is $1,069 (19% below the US median of $1,319), and the median home value sits at $106,900 (65% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.

The median household income in Halliday is $64,464, which is 14% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Halliday. The area sees an average annual temperature of 42.8°F, with summers averaging 67°F and winters around 19°F. Annual rainfall totals 15.6 inches spread over roughly 85 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

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.