Cost of Living in Rutland, ND

With a cost of living index of 52, Rutland, ND is one of the most affordable cities in the country. Living here is 48% cheaper than the national average and 22% below the North Dakota state average of 74. Rutland is a small community of 92 residents.

Housing costs are the biggest factor in Rutland's cost of living. The median monthly rent is $463 (65% below the US median of $1,319), and the median home value sits at $85,000 (72% below the national median of $304,900). At current prices, the median home costs roughly 0.9x the median household income — well within traditional affordability guidelines.

The median household income in Rutland is $94,167, which is 25% higher than the national median of $75,149. Residents spend roughly 6% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Rutland. The area sees an average annual temperature of 44°F, with summers averaging 69°F and winters around 17°F. Annual rainfall totals 22.9 inches spread over roughly 108 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.