Executive Financial Report: Minot Afb (58704)
Evaluating relocation options in Ward? The financial benchmark for residing in Minot Afb, ND (58704) indicates that a single worker needs roughly $2,850 monthly ($34,198.471 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $629 per month—just 22% of baseline expenses—Minot Afb offers exceptionally competitive housing costs compared to wider metropolitan averages across North Dakota.
Local earnings in Minot Afb (58704) demonstrate strong purchasing power. The area median family income of $89,469 significantly exceeds the annual baseline living threshold ($34,198.471) by a ratio of 2.62x. 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 $283 per month in Minot Afb. Direct tax liabilities consume an estimated $383 monthly (13% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Minot Afb (58704) presents a distinct economic profile within Ward. 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.