Moving to Fargo ND? WATCH THIS! Cost of Living in Fargo ND 2024

Are you moving to Fargo ND and wondering if you can afford it here? Let's explore the economy of Fargo ND!

With an inviting job market and resilient economic foundations, the city boasts a mere 1.9% unemployment rate, rarely surpassing 5%. Even during the challenges of 2020, the unemployment rate reached 8%, showcasing the city's ability to weather storms.

The average household income of $83,000, although slightly lower than the national average, is balanced by a cost of living that places North Dakota and Minnesota at the 23rd and 24th spots on the economic index. Housing, a key factor in living costs, is notably affordable, with a median home price of $280,000 and an average rent of $1,000 per month, supported by a commendable 83 housing index rating.

Fargo’s economic diversity is reflected in its job opportunities. Traditionally known for oil and agriculture, the city has evolved into a technology hub, home to Microsoft's second-largest campus in the US. The top 10 in-demand jobs span various sectors, with healthcare, education, and manufacturing playing significant roles. Notably, Fargo ensures a fair wage, with no jobs paying less than $15 per hour.

Beyond the economic aspects, Fargo shines with its welcoming community spirit. From a robust sports community with fields and stadiums to a thriving downtown, the city fosters a strong sense of togetherness. Whether you're considering a move for career prospects or a supportive community, Fargo, ND, offers a blend of economic opportunity and community engagement that is truly exceptional.

Join the Living Large community! I'm Marc Bushee, your Man of Real Estate in Fargo, ND. Let's journey together – hit subscribe and stay tuned for an enriching Living Large experience!

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0:00 Introduction
0:13 Fargo's Diverse Economy
0:29 Unemployment Rate
1:05 Income
2:08 Cost of Housing
2:38 Job Opportunities
5:23 Minimum Wage
6:01 Why Live in Fargo?

#fargonorthdakota #livinginfargo #fargorealestate

[coreynotcory]

I want to move real soon, this was so help. Thank you❤

[RGHTEOUS]

I was raised in Erie Pennsylvania i don't have a problem with the cold 🤞🏿💯✌🏿💯💪🏿

[RGHTEOUS]

I plan on moving to Fargo in 2025💪🏿👍🏿🤞🏿👌🏿✌🏿💯

[ericwanner]

Seems like a good idea to make a YouTube video to attract potential customers who are thinking about moving to Fargo. Is it working? I might be moving to the Urban Plains area and renting, but I've seen some pretty cool townhomes going up in that area. They are probably spendy though, I noticed a few on Zillow for north of $300k. The apartments are expensive to rent as well, if you want one that's a bit more upscale. Maybe that area is just expensive but it would be close to work so there's a convenience tradeoff. Is the Scheels arena worth mentioning?

[jayholverson]

Average house is probably realistically 320 and you better add 300 to 800 a month for property tax and specials.

[ramyadas]

Hi 😊 it was a very useful video about Fargo. There are very less or no information about Fargo in the YouTube. This was a very usefull one. Can u also tell about the monthly expenses for a family of 4. And about the school system in there.

[donaldreinholz]

Housing is dirt cheap compared to were I live now

[katme]

Entry jobs pay $16 a hour. You can rent a one bedroom apartment in a house turned into apartments for $600. Stay away from moldy basement apartments. No skill jobs mostly employ new immigrants. Lots of homeless here. If you can’t deal with the corporate mold job, it is a nightmare. Will be another Minneapolis in 5 years. Terrible traffic. Eating out is expensive. Public transportation not reliable. If if snows bus stops running at sunset. Never on time and buses full of homeless. Nice thing, everyone is equal and accepted here. Man wearing a dress walking downtown is ok. Hard to make friends. People keep to themselves.