Cost of Living in Walhalla, ND

With a cost of living index of 59, Walhalla, ND is one of the most affordable cities in the country. Living here is 41% cheaper than the national average and 16% below the North Dakota state average of 74. Walhalla is a small community of 927 residents.

Housing costs are the biggest factor in Walhalla's cost of living. The median monthly rent is $644 (51% below the US median of $1,319), and the median home value sits at $100,300 (67% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Walhalla is $30,774, which is 59% lower than the national median of $75,149. Residents spend roughly 25% 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 Walhalla. The area sees an average annual temperature of 38.4°F, with summers averaging 66°F and winters around 8°F. Annual rainfall totals 22.1 inches spread over roughly 104 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.