Cost of Living in Watford City, ND

Population 6,016 · North Dakota · Data vintage 2023

113
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Small, well-paid, and production-driven — Watford City sits at the intersection of rural North Dakota and the state's energy economy. Median household incomes near $88,351 reflect that wage base, while housing costs track the smaller-town baseline. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.

Cost Overview

Housing 126
Rent 92

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Watford City

The median home value in Watford City is $385,100 — 26% above the national median of $305,000. Median rent runs $1,210/month, 8% lower than the national median of $1,314/month. The median household income of $88,351/year is 18% higher than the US median of $74,580. The local unemployment rate is 2.0%, below the national average of 4.8%. North Dakota's top state income tax rate is 2.5% and the combined sales tax is 6.9%. The climate averages highs of 54.2°F and lows of 29.2°F, with about 48.2" of annual snowfall. Overall, Watford City has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.

🏠 Housing

Median Home Value
$385,100
26% above avg
Zillow Home Value
$271,722
Zillow ZHVI
Median Rent
$1,210/mo
8% below avg
Zillow Rent
$1,225/mo
Zillow ZORI
Price-to-Rent Ratio
26.5x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$754
1 BR
$761
2 BR
$928
3 BR
$1,300
4 BR
$1,558
Owner-occupied 35.3%
Renter-occupied 64.7%

💰 Estimated Monthly Budget

Rent median rent
$1,210
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,824/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.8%

Commute Mode

Drove alone
78.6%
Carpooled
11.6%
Walked
0.9%
Bicycle
2.1%
Work from home
6.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 2.5%
Total Sales Tax 6.9%
State rate 5.0%
Avg local rate 1.9%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$88,351
18% above avg
Per Capita Income
$51,501
Unemployment Rate
2.0%
58% below avg
Poverty Rate
7.9%
Labor Force Participation
80.7%

🎓 Education

Bachelor's degree+ 20.5%
Graduate degree 5.2%

👥 Demographics

Median Age 28.5
Male median age 29.1
Female median age 27.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.2°F
Avg Low
29.2°F
Annual Precip
15.1"
Annual Snowfall
48.2"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 222740566777858473563826
Low °F 161829405056544430176
Precip" 0.560.480.631.052.102.642.481.571.360.940.670.63
Snow" 11.26.76.43.70.90.00.00.00.02.66.310.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
76.1%
Good air days/yr
298
Max AQI recorded
110
PM2.5 days
254
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
15.3:1
Student-teacher ratio
3
Public schools
1,911
Total enrollment

Frequently Asked Questions

What is the cost of living in Watford City, ND?

Watford City has a cost index of 113 (100 = national average). It is 13% above the national average.

What is average rent in Watford City, ND?

The median gross rent in Watford City is $1,210 per month based on 2023 Census data.

What is the average home price in Watford City?

The median home value in Watford City is $385,100 according to Zillow and Census data.

What is the median income in Watford City?

The median household income in Watford City is $88,351 per year (2023 ACS 5-year estimates).

What is the sales tax in Watford City, ND?

The combined state and local sales tax rate in Watford City is 6.9%. The North Dakota state income tax top rate is 2.5%.

Is Watford City, ND affordable?

Watford City is above average in cost of living, with an index of 113 — about 13% higher than the national average.

What is the weather like in Watford City?

Watford City has average high temperatures of 54.2°F and average lows of 29.2°F. Annual precipitation is 15.1". Average annual snowfall is 48.2". Data from NOAA 1991–2020 Climate Normals.

Watford City at a Glance

Population
6,016
Median Income
$88,351
Home Value
$385,100
Median Rent
$1,210/mo
Unemployment
2.0%
Avg High Temp
54.2°F
Sales Tax
6.9%
View all cities in North Dakota →
🗺️ County data for North Dakota

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs