Cost of Living in Fargo-Moorhead: What Newcomers Should Expect
Relocating to a new area comes with excitement—and plenty of questions about what life will look like. One of the biggest considerations for anyone moving to Fargo, North Dakota, or Moorhead, Minnesota, is the cost of living. Whether you’re coming for work, school, or a fresh start, knowing what to expect will help you plan and budget with confidence.
Housing Costs
Housing is often the largest expense for newcomers, and Fargo–Moorhead offers a variety of options.
Home Prices: The median home price in Fargo–Moorhead is generally lower than the national average. As of the beginning of September, the average sales price is $358,238. You’ll find modern new builds, established neighborhoods, and townhomes at price points that fit a wide range of budgets.
Renting: Apartments and rental homes are also plentiful. A one-bedroom apartment in Fargo typically averages less than larger metro areas (between $900-$1200), and Moorhead rents are similar. Proximity to colleges and universities also provides a steady rental market.
Property Taxes: Minnesota (Moorhead) tends to have slightly higher property taxes compared to North Dakota (Fargo), which can be a deciding factor for buyers.
Utilities & Services
Electricity & Gas: Due to the cold winters, heating is a bigger portion of monthly costs, especially from November to March. However, utility companies often offer budget billing to help even out payments.
Internet & Cable: High-speed internet is widely available, with average monthly costs similar to the national range.
Transportation
Driving: Most residents rely on cars, and both Fargo and Moorhead have relatively short commute times (often 15 minutes or less). Gas prices typically mirror the Midwest average.
Public Transit: MATBUS provides service between the two cities, which is convenient for students and those working downtown. Monthly passes are affordable compared to larger metropolitan transit systems.
Insurance: Auto insurance rates in North Dakota and Minnesota can differ slightly, so it’s worth comparing quotes when moving across the river.
Food & Groceries
Grocery prices are close to the U.S. average, with big-box stores, local supermarkets, and farmers’ markets providing variety. Dining out is also budget-friendly—whether it’s grabbing a burger, enjoying a craft brewery, or trying locally-owned restaurants downtown.
Healthcare & Education
Healthcare: Fargo–Moorhead is home to major healthcare providers like Sanford Health and Essentia Health. Healthcare costs are on par with regional averages, with a wide selection of specialists and clinics.
Education: Public schools in both cities are well-regarded, and higher education options include North Dakota State University, Minnesota State University Moorhead, and Concordia College. Tuition costs vary, but in-state residents often find strong value compared to larger state systems.
Taxes
One unique factor for newcomers is understanding state income taxes:
North Dakota (Fargo) has relatively low state income taxes.
Minnesota (Moorhead) has higher income tax rates, but some residents choose Moorhead for community or lifestyle reasons despite the difference.
Entertainment & Lifestyle
From concerts at the Fargodome to local festivals, hockey games, and art events, entertainment costs are reasonable compared to big cities. Many community activities are free or low-cost, and outdoor recreation (hiking, fishing, skating, parks) adds affordable options for year-round fun.
Final Thoughts
Overall, the cost of living in Fargo–Moorhead is below the national average, making it an attractive region for newcomers. With affordable housing, short commutes, and a balance of city amenities and community charm, residents often find they get more for their money here than in larger metro areas.
If you’re planning a move to Fargo or Moorhead, knowing these details can help you set a realistic budget and start your new chapter with confidence.
