Financial Profile: North Dakota
Financial landscape, tax rates, cost of living, and median income scoring for North Dakota residents.
North Dakota at a Glance
Avg Salary
$56,000
Cost of Living
94
Top Tax Rate
2.5%
Adjusted Income
$59,574
Monthly Take-Home
$3,798
Max Rent (30%)
$1,400
Financial Genome at Median Income
Scores calculated for someone earning $56,000/yr in North Dakota with typical expenses.
PPI
53
C+
FPI
25
F
LRS
56
C+
REW
30
D
Living in North Dakota: Financial Overview
North Dakota has one of the lowest income tax rates, from 0% to 2.5%.
- Very low tax rates
- Oil industry jobs
- Low cost of living
Major Cities
Fargo, Bismarck, Grand Forks, Minot
With a cost of living index of 94 (below the national average of 100), your dollar goes further in North Dakota. A $60,000 salary here has the purchasing power equivalent of $63,829 in an average-cost area.
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See your personalized Financial Genome scores based on your actual income and expenses in North Dakota.
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