Cost of Living in Mayville, ND

With a cost of living index of 72, Mayville, 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. Mayville is a small community of 2,050 residents.

Housing costs are the biggest factor in Mayville's cost of living. The median monthly rent is $828 (37% below the US median of $1,319), and the median home value sits at $196,200 (36% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Mayville is $64,044, which is 15% lower than the national median of $75,149. Residents spend roughly 16% 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 Mayville. The area sees an average annual temperature of 39.8°F, with summers averaging 67°F and winters around 10°F. Annual rainfall totals 21.7 inches spread over roughly 105 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.