Grand Forks, ND vs Minot, ND: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, living costs in Minot, ND and Grand Forks, ND are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Grand Forks works out to about $75,300 in Minot, before taxes.
- Housing is 6.0% higher in Minot, goods 0.1% higher and other services 0.3% lower, which roughly cancel out.
- Typical asking rent is $1,252 a month in Minot and $1,132 in Grand Forks, $1,440 a year more in Minot (Zillow, September 2026).
- A typical home is valued at about $269,000 in Minot and $283,000 in Grand Forks.
- The gap is about where it was in 2019 (1.0%).
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Overall prices are about the same in Grand Forks and Minot
Price level by category, 2024. US average = 100.
- Grand Forks, ND
- Minot, ND
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Grand Forks, ND | Minot, ND | |
|---|---|---|
| All items | 86.7 | 87.0 |
| Goods | 95.6 | 95.7 |
| Housing (rents) | 59.7 | 63.2 |
| Utilities | 77.1 | 72.9 |
| Other services | 91.4 | 91.2 |
| Category | Grand Forks | Minot | Minot vs Grand Forks |
|---|---|---|---|
| All items | 86.7 | 87.0 | +0.4% |
| Goods | 95.6 | 95.7 | +0.1% |
| Housing (rents) | 59.7 | 63.2 | +6.0% |
| Utilities | 77.1 | 72.9 | −5.4% |
| Other services | 91.4 | 91.2 | −0.3% |
| Typical asking rent | $1,132 | $1,252 | +10.6% |
| Typical home value | $283,000 | $269,000 | −5.0% |
| Salary to match $75,000 in Grand Forks | $75,000 | $75,300 | +0.4% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Grand Forks and Minot has narrowed since 2008: 16.4 points then, 0.4 now
Overall price level each year, 2008–2024. US average = 100.
- Grand Forks, ND
- Minot, ND
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Grand Forks, ND | Minot, ND | |
|---|---|---|
| 2008 | 95.6 | 79.2 |
| 2009 | 92.3 | 86.2 |
| 2010 | 93.3 | 85.2 |
| 2011 | 92.1 | 87.1 |
| 2012 | 89.7 | 90.9 |
| 2013 | 93.8 | 91.8 |
| 2014 | 92.1 | 93.7 |
| 2015 | 93.3 | 90.2 |
| 2016 | 92.2 | 89.6 |
| 2017 | 91.1 | 85.0 |
| 2018 | 91.7 | 91.0 |
| 2019 | 94.1 | 93.1 |
| 2020 | 91.2 | 92.5 |
| 2021 | 90.0 | 89.6 |
| 2022 | 86.8 | 89.6 |
| 2023 | 85.9 | 88.7 |
| 2024 | 86.7 | 87.0 |
Goods
- Grand Forks, ND
- Minot, ND
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Grand Forks, ND | Minot, ND | |
|---|---|---|
| 2008 | 99.7 | 75.5 |
| 2009 | 97.4 | 84.7 |
| 2010 | 96.3 | 93.6 |
| 2011 | 96.0 | 93.7 |
| 2012 | 97.2 | 94.1 |
| 2013 | 97.4 | 93.9 |
| 2014 | 98.9 | 96.0 |
| 2015 | 98.3 | 96.4 |
| 2016 | 97.7 | 94.5 |
| 2017 | 95.4 | 93.8 |
| 2018 | 93.7 | 94.0 |
| 2019 | 96.6 | 96.6 |
| 2020 | 96.4 | 96.4 |
| 2021 | 94.2 | 94.2 |
| 2022 | 94.2 | 94.1 |
| 2023 | 97.0 | 97.0 |
| 2024 | 95.6 | 95.7 |
Housing (rents)
- Grand Forks, ND
- Minot, ND
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Grand Forks, ND | Minot, ND | |
|---|---|---|
| 2008 | 79.3 | 54.2 |
| 2009 | 67.7 | 72.4 |
| 2010 | 73.9 | 51.9 |
| 2011 | 74.0 | 63.9 |
| 2012 | 60.3 | 74.3 |
| 2013 | 77.7 | 88.4 |
| 2014 | 68.1 | 95.3 |
| 2015 | 82.2 | 82.6 |
| 2016 | 75.6 | 87.5 |
| 2017 | 73.4 | 61.9 |
| 2018 | 75.7 | 72.5 |
| 2019 | 83.7 | 76.9 |
| 2020 | 71.6 | 76.9 |
| 2021 | 67.8 | 63.7 |
| 2022 | 58.8 | 71.1 |
| 2023 | 57.6 | 73.9 |
| 2024 | 59.7 | 63.2 |
Utilities
- Grand Forks, ND
- Minot, ND
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Grand Forks, ND | Minot, ND | |
|---|---|---|
| 2008 | 83.1 | 69.2 |
| 2009 | 81.7 | 67.9 |
| 2010 | 82.1 | 74.3 |
| 2011 | 84.2 | 68.9 |
| 2012 | 83.4 | 69.7 |
| 2013 | 82.9 | 71.6 |
| 2014 | 78.9 | 72.2 |
| 2015 | 79.1 | 73.4 |
| 2016 | 77.5 | 75.9 |
| 2017 | 82.6 | 75.6 |
| 2018 | 89.5 | 83.7 |
| 2019 | 88.6 | 83.5 |
| 2020 | 88.6 | 85.2 |
| 2021 | 91.1 | 87.8 |
| 2022 | 86.5 | 82.6 |
| 2023 | 78.0 | 73.6 |
| 2024 | 77.1 | 72.9 |
Other services
- Grand Forks, ND
- Minot, ND
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Grand Forks, ND | Minot, ND | |
|---|---|---|
| 2008 | 100.1 | 93.3 |
| 2009 | 99.7 | 93.3 |
| 2010 | 98.7 | 92.9 |
| 2011 | 95.9 | 92.3 |
| 2012 | 96.5 | 94.8 |
| 2013 | 97.5 | 92.5 |
| 2014 | 96.6 | 92.9 |
| 2015 | 95.0 | 89.4 |
| 2016 | 95.8 | 88.0 |
| 2017 | 94.9 | 87.7 |
| 2018 | 96.0 | 95.8 |
| 2019 | 96.3 | 96.5 |
| 2020 | 96.1 | 96.3 |
| 2021 | 95.0 | 95.1 |
| 2022 | 92.0 | 92.5 |
| 2023 | 89.9 | 89.6 |
| 2024 | 91.4 | 91.2 |
Rent and home values
Typical asking rent: $1,252 in Minot vs $1,132 in Grand Forks
Typical asking rent for a new lease, dollars per month. Quarterly.
- Grand Forks, ND
- Minot, ND
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Grand Forks, ND | Minot, ND | United States | |
|---|---|---|---|
| Mar 2015 | – | – | $1,145 |
| Jun 2015 | – | – | $1,170 |
| Sep 2015 | – | – | $1,181 |
| Dec 2015 | – | – | $1,182 |
| Mar 2016 | – | – | $1,195 |
| Jun 2016 | – | – | $1,219 |
| Sep 2016 | – | – | $1,225 |
| Dec 2016 | – | – | $1,222 |
| Mar 2017 | – | – | $1,245 |
| Jun 2017 | – | – | $1,270 |
| Sep 2017 | – | – | $1,276 |
| Dec 2017 | $807 | – | $1,275 |
| Mar 2018 | $808 | – | $1,296 |
| Jun 2018 | $803 | – | $1,320 |
| Sep 2018 | $803 | – | $1,327 |
| Dec 2018 | $783 | – | $1,329 |
| Mar 2019 | $810 | – | $1,349 |
| Jun 2019 | $816 | – | $1,376 |
| Sep 2019 | $800 | – | $1,383 |
| Dec 2019 | $818 | – | $1,381 |
| Mar 2020 | $834 | – | $1,402 |
| Jun 2020 | $831 | – | $1,406 |
| Sep 2020 | $834 | – | $1,410 |
| Dec 2020 | $821 | $908 | $1,407 |
| Mar 2021 | $848 | $924 | $1,443 |
| Jun 2021 | $854 | $942 | $1,512 |
| Sep 2021 | $861 | $939 | $1,590 |
| Dec 2021 | $862 | $926 | $1,622 |
| Mar 2022 | $868 | $927 | $1,661 |
| Jun 2022 | $892 | $982 | $1,721 |
| Sep 2022 | $908 | $985 | $1,748 |
| Dec 2022 | $907 | $1,002 | $1,735 |
| Mar 2023 | $913 | $1,013 | $1,757 |
| Jun 2023 | $931 | $1,048 | $1,785 |
| Sep 2023 | $945 | $1,063 | $1,797 |
| Dec 2023 | $936 | $1,045 | $1,786 |
| Mar 2024 | $967 | $1,071 | $1,807 |
| Jun 2024 | $990 | $1,093 | $1,837 |
| Sep 2024 | $1,012 | $1,102 | $1,845 |
| Dec 2024 | $1,012 | $1,104 | $1,836 |
| Mar 2025 | $1,036 | $1,126 | $1,860 |
| Jun 2025 | $1,056 | $1,161 | $1,880 |
| Sep 2025 | $1,091 | $1,178 | $1,881 |
| Dec 2025 | $1,081 | $1,161 | $1,873 |
| Mar 2026 | $1,115 | $1,190 | $1,894 |
| Jun 2026 | $1,137 | $1,233 | $1,921 |
| Sep 2026 | $1,132 | $1,252 | $1,932 |
Typical home value: $269,000 in Minot vs $283,000 in Grand Forks
Typical home value, dollars. Quarterly.
- Grand Forks, ND
- Minot, ND
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Grand Forks, ND | Minot, ND | United States | |
|---|---|---|---|
| Mar 2015 | $184K | $260K | $189K |
| Jun 2015 | $187K | $259K | $192K |
| Sep 2015 | $192K | $258K | $195K |
| Dec 2015 | $194K | $256K | $199K |
| Mar 2016 | $198K | $251K | $202K |
| Jun 2016 | $201K | $245K | $204K |
| Sep 2016 | $202K | $237K | $206K |
| Dec 2016 | $201K | $233K | $209K |
| Mar 2017 | $202K | $232K | $213K |
| Jun 2017 | $203K | $230K | $216K |
| Sep 2017 | $205K | $227K | $219K |
| Dec 2017 | $204K | $220K | $223K |
| Mar 2018 | $205K | $214K | $227K |
| Jun 2018 | $205K | $207K | $230K |
| Sep 2018 | $206K | $201K | $234K |
| Dec 2018 | $205K | $199K | $236K |
| Mar 2019 | $206K | $199K | $239K |
| Jun 2019 | $207K | $199K | $242K |
| Sep 2019 | $208K | $199K | $244K |
| Dec 2019 | $209K | $197K | $247K |
| Mar 2020 | $209K | $196K | $252K |
| Jun 2020 | $210K | $199K | $255K |
| Sep 2020 | $213K | $202K | $260K |
| Dec 2020 | $218K | $207K | $271K |
| Mar 2021 | $219K | $209K | $282K |
| Jun 2021 | $222K | $211K | $296K |
| Sep 2021 | $227K | $216K | $306K |
| Dec 2021 | $231K | $218K | $314K |
| Mar 2022 | $235K | $220K | $330K |
| Jun 2022 | $240K | $227K | $346K |
| Sep 2022 | $242K | $230K | $348K |
| Dec 2022 | $241K | $235K | $345K |
| Mar 2023 | $239K | $242K | $343K |
| Jun 2023 | $243K | $246K | $347K |
| Sep 2023 | $245K | $247K | $352K |
| Dec 2023 | $243K | $245K | $354K |
| Mar 2024 | $245K | $245K | $357K |
| Jun 2024 | $248K | $249K | $361K |
| Sep 2024 | $250K | $252K | $361K |
| Dec 2024 | $254K | $256K | $363K |
| Mar 2025 | $258K | $259K | $364K |
| Jun 2025 | $260K | $258K | $362K |
| Sep 2025 | $264K | $260K | $362K |
| Dec 2025 | $269K | $263K | $364K |
| Mar 2026 | $275K | $265K | $366K |
| Jun 2026 | $279K | $267K | $365K |
| Sep 2026 | $283K | $269K | $366K |
More about each city
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.