Cost of living in Watford City
Watford City, located in North Dakota, is a small yet vibrant community known for its connection to the oil industry. Understanding the cost of living in Watford City is crucial for residents and newcomers alike, as it impacts budgeting and lifestyle choices.
This guide provides a detailed breakdown of essential expenses, including groceries, housing, and more, to help you make informed financial decisions.
Cost of Living Summary
Grocery Prices
- Milk - Milk is priced at an average of $0.95 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs around $4.39.
- Eggs (Dozen) - A dozen eggs are priced at approximately $5.
- Local Cheese - Local cheese costs about $8.82 per kilogram.
- Chicken Fillets - Chicken fillets are available for $12.72 per kilogram.
- Apples - Apples are priced at $3.31 per kilogram.
- Oranges - Oranges cost around $2.76 per kilogram.
- Rice - White rice is priced at $3.31 per kilogram.
- Bananas - Bananas are available for $1.28 per kilogram.
- Beef Round - Beef round or equivalent back leg red meat costs $19.29 per kilogram.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Markets
Markets
"Key Takeaways"
Watford City offers a moderate cost of living, with grocery prices reflecting typical rates for a small city in North Dakota.
While some items like beef and chicken are relatively higher, staples such as milk and bananas are quite affordable.
Understanding these costs can help residents manage their monthly budgets effectively.
Conclusion
In conclusion, Watford City presents a balanced cost of living, particularly in terms of grocery expenses. The prices of essential items are generally reasonable, making it a manageable place for families and individuals alike.
For those considering a move to Watford City, being aware of these costs can aid in financial planning and ensure a smooth transition to life in this North Dakota community.