Cost of Living in Knox, ND
Population: 39 | North Dakota
Knox is 17% less expensive than the national average.
Cost of Living in Knox, ND: What You Need to Know
With a cost of living index of 83, Knox, ND is a very affordable place to live. Living here is 17% cheaper than the national average and 8% above the North Dakota state average of 74. Knox is a small community of 39 residents.
The median household income in Knox is $67,813, which is 10% lower than the national median of $75,149. 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 Knox. The area sees an average annual temperature of 40.2°F, with summers averaging 67°F and winters around 11°F. Annual rainfall totals 20 inches spread over roughly 98 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.
Income
- Median Household Income
- $67,813
- vs US Median ($75,149)
- -10%
Housing
- Median Home Value
- $141,100
- Median Monthly Housing Cost
- $358/mo
Climate in Knox
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 16 | 21 | 33 | 51 | 65 | 74 | 79 | 79 | 69 | 53 | 35 | 22 |
| Avg °F | 7 | 11 | 24 | 41 | 55 | 65 | 69 | 68 | 59 | 44 | 27 | 13 |
| Low °F | -2 | 2 | 15 | 31 | 44 | 55 | 59 | 57 | 49 | 34 | 18 | 5 |
| Rain" | 0.5 | 0.4 | 0.6 | 1.0 | 2.5 | 3.8 | 3.8 | 2.4 | 2.0 | 1.5 | 0.8 | 0.8 |