Executive Financial Report: Alamo (58830)
Evaluating relocation options in Williams? The financial benchmark for residing in Alamo, ND (58830) indicates that a single worker needs roughly $2,874 monthly ($34,490.1 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $603 per month—just 21% of baseline expenses—Alamo offers exceptionally competitive housing costs compared to wider metropolitan averages across North Dakota.
Local earnings in Alamo (58830) demonstrate strong purchasing power. The area median family income of $103,350 significantly exceeds the annual baseline living threshold ($34,490.1) by a ratio of 3.00x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
On the expenditure side, groceries and essential nutrition require approximately $304 per month in Alamo. Direct tax liabilities consume an estimated $387 monthly (13% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Alamo (58830) presents a distinct economic profile within Williams. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.