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The Cost of Living in Bismarck-Mandan, ND

Cost of Living in Bismarck-Mandan, ND

Bismarck-Mandan is located in the beautiful Red River Valley of North Dakota. It is the most northeastern of the five U.S. cities that are part of the “megadiverse” state of North Dakota. As of 2016, the population was estimated to be 22,826. The median household income was estimated to be $45,673. The cost of living in Bismarck-Mandan is very high compared to the national average. The city is considered to be “food-insecure,” and the affordability of groceries is among the highest in the country. It takes a lot of money to sustain a family of four in this city.

Median Home Value

Bismarck-Mandan had the highest median home value in America – at least, according to Zillow. The median home value in the city was $130,400 as of September 2016. The value increased by 5% from the previous year. This makes Bismarck-Mandan one of the most expensive cities to live in. The national average was $120,400.

Cost of Living

The cost of living in Bismarck-Mandan is very high. The average cost of groceries was a whopping $24.52 per day. If you look at the overall cost of living, it is a combination of high food and gas costs. The average rent is also high in comparison to other cities within North Dakota. It is the most expensive city in the state to live in. For more details, check out the costs of living in Bismarck-Mandan compared to other cities in North Dakota.

Education And Economy

The school system in Bismarck-Mandan is highly ranked. The city is home to the University of North Dakota, one of the biggest public universities in the country. The school's main campus is located in the city. The city also has a private college, Dickinson States University. Students here can graduate with a degree in accounting or business administration. The local economy is heavily reliant on agriculture and oil and gas industries. A large number of jobs can be found in these sectors. In 2016, the unemployment rate in the city was estimated to be 7.5%.

Healthcare And Health Insurance

Bismarck-Mandan has some of the most expensive healthcare in the country. It is extremely pricey to be patient here. The city is a “medical mecca,” thanks to the presence of the university and a number of healthcare providers. It is among the top ten cities in the country for healthcare and healthcare spending.

Unfortunately, due to its high cost, a large number of uninsured and underinsured people live in Bismarck-Mandan. Only 13.25% had health insurance coverage in 2016. Without healthcare insurance, the chances of getting sick greatly increase. This can make it extremely difficult to pay for healthcare needs. This is why the cost of living is so high in this city. It would be wise for every individual to purchase healthcare insurance.

Weather And Climate

This city and state see frequently floods and droughts. It is very tough to be here in terms of weather and climate. When it comes to temperature, it gets very cold in the winter and very hot in the summer. The climate can also be unpredictable. It is often overcast and damp. However, the risk of hurricanes and tornadoes is very high here. The city is likely to flood from both rainstorms and snowmelt.

The Red River runs throughout the city, making it even more difficult to live here. It is the most northeastern city in North Dakota. As a result of all of this, you should have a proper plan or preparations to live here. Everyone should have an action plan in case of severe weather. It is also wise to prepare to deal with the occasional snowstorm. Many North Dakotans are not used to this, and it can be dangerous to go without heating blankets and snow shovels.

Despite all this, Bismarck-Mandan is a beautiful city. It has a fantastic dining scene, and tourists come here from all over the world to take a look. The community is very welcoming, and everyone is proud to call this place “home.” However, if you are considering living in Bismarck-Mandan or the surrounding area, make sure you are ready for the high cost of living. It would be wise for everyone to have a job that can provide a stable income. Without one, affordable living can be difficult to achieve.

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