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Gas Cost Calculator for Fargo, ND
Local data pre-filled
Gas prices in Fargo, ND average roughly $3.26/gallon, adjusted for the local cost of living index of 93. Calculate your monthly and annual fuel costs based on your commute in Fargo.
Data as of · Sources: Zillow, Census ACS, Tax Foundation, Freddie Mac
North Dakota Financial Snapshot (2026) — Gas Cost Calculator
Cost-of-living index scales typical utility spend for the gas cost calculator in North Dakota.
How the Gas Cost Calculator Math Works Under North Dakota Law
The Gas Cost Calculator runs a well-known formula (principal × rate, discounted cash flow, amortization, or equivalent) client-side and layers on North Dakota's tax and cost-of-living inputs. State-specific numbers — brackets, exemptions, and averages — come from public federal / state datasets cited in the sources section.
Local context: Fargo, ND
Housing economics in Fargo, ND. The median home value runs 11.0% below the U.S. baseline for Fargo, ND is $318,546 per Zillow's home-value index. Median rent runs $1,140 a month per Zillow ZORI, cheaper than the national $1,850 baseline. Effective property tax sits at 1.00% of assessed value, meaningfully higher than the 0.99% national average tracked by the Tax Foundation.
Income and tax climate. North Dakota's top marginal state income tax bracket lands at 5.94% — compared to the volume-weighted national average around 4-5%. BEA's Regional Price Parity scores Fargo, ND at 93.0 (national = 100), meaning a dollar in Fargo, ND buys 108¢ — more goods and services than the same dollar nationally.
Local context as of 2026-04-19.
Fargo versus the U.S. baseline
| Metric | Fargo, ND | U.S. baseline | Difference |
|---|---|---|---|
| Median home value[zillow] | $318,546 | $358,000 | -11.0% |
| Median monthly rent[zillow] | $1,140 | $1,850 | -38.4% |
| Property tax (effective)[tax-foundation] | 1.00% | 0.99% | 1.0% |
| State top marginal income tax[tax-foundation] | 5.94% | ~4.08% (volume-weighted) | 1.9 pp |
| State cost-of-living index[bea-rpp] | 93.0 | 100.0 | -7.0 pts |
How to use the Gas Cost Calculator
Walk through using the Gas Cost Calculator with Fargo, ND-specific defaults pre-loaded from primary sources.
- Enter your Fargo numbersFill in the gas cost inputs. Defaults reflect Fargo, ND 2026: median home $318,546, median rent $1,140/mo, 1.00% effective property tax.
- Apply the local 2026 inputsThe median home value in Fargo is $318,546 (Zillow ZHVI), with median monthly rent running $1,140/mo.
- Compare against Fargo contextMonthly PITI on the $318,546 median home in Fargo is ~$2,232/mo — vs a $1,140/mo median rent.
How North Dakota Compares to Neighboring States
| State | Median home | Top inc tax | Prop tax rate | RPP (US=100) |
|---|---|---|---|---|
| North Dakota (this page) | $265,000 | 2.50% | 0.98% | 88.2 |
| compare to Minnesota | $335,000 | 9.85% | 1.12% | 98.3 |
| compare to Montana | $460,000 | 5.90% | 0.83% | 91.0 |
| compare to South Dakota | $275,000 | None | 1.24% | 88.1 |
Sources: Zillow ZHVI[1], state Departments of Revenue / Tax Foundation[2], Tax Foundation property taxes[3], BEA Regional Price Parities[4].
What Changes Your Result in North Dakota
- North Dakota cost-of-living drag:Line-item costs in North Dakota deviate from the US mean by whatever the BEA all-items RPP deviates from 100. Weight your budget toward the state average rather than the national average.
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- North Dakota's ev vs gas rules — gas cost is one input to EV vs gas.
How Fargo Compares to the National Average
Understanding how Fargo stacks up helps you calibrate your financial planning.
| Metric | Fargo, ND | US Average | Difference |
|---|---|---|---|
| Median Home Price | $318,546 | $420,800 | -24.3% |
| Median Monthly Rent | $1,140 | $1,713 | -33.5% |
| Median Household Income | $75,523 | $74,580 | +1.3% |
| Property Tax Rate | 1.00% | 1.10% | -9.1% |
| Cost of Living Index | 93 | 100 | -7.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Fargo Financial Snapshot
- Population (Metro)
- 260,000
- Unemployment
- 2.5%
- Avg Commute
- 17 min
- Median Age
- 30.9
- Price-to-Rent Ratio
- 23.3x
- Annual Property Tax
- $3,185
More Financial Calculators for Fargo, ND
Gas Cost Calculator in Other North Dakota Cities
Frequently Asked Questions — Fargo
- Can median-income households afford the median home in Fargo?
- With a ~$2,232 monthly PITI and $75,523 median income, housing would consume ~35.5% of gross annual income. Qualifying under the 28% DTI rule requires ~$95,657 in annual income. Educational reference only.
- Is it better to rent or buy in Fargo?
- Fargo's price-to-rent ratio (23.3x) tilts toward renting — above 20x, buying is generally expensive relative to renting.
- What is the annual property tax bill on the median home in Fargo?
- Approximately $3,185/yr at the 1.00% effective rate on the $318,546 median home. The national average effective rate is 1.07%.
- What share of median income goes to rent in Fargo?
- The $1,140/mo median rent represents 18.1% of the $75,523 median household income. The recommended housing cost threshold is 30%; Fargo falls within that guideline. Educational reference only.
- How much does commuting cost in Fargo?
- Average commute time in Fargo is 17 minutes per ACS. Estimated annual commute cost runs about $2,961. Educational reference only.
- How does the cost of living in Fargo compare to the national average?
- Fargo's BEA RPP index is 93, 7% below the national baseline of 100. For a household earning the national median income of $77,540, this translates to ~$5,428/yr in purchasing power difference. Educational reference only.
- What is the median home price in Fargo, ND?
- The median home price in Fargo is $318,546 as of 2025–2026.
- What is the average rent in Fargo?
- The median monthly rent in Fargo, ND is $1,140.
- Does the gas cost replace professional advice?
- No. This calculator gives educational estimates using public Fargo data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for decisions with material consequences.
How we compute this — methodology
The Fargo page uses local median home price ($318,546), median rent ($1,140/mo), and property tax rate (1.00%) alongside the calculator's client-side formula. Calculations run in your browser — no inputs are sent to a server.
Known limits: ZIP-level variance within Fargo can be substantial — the figures shown are city-wide medians. For a precise property tax quote, consult your county assessor.
Sources
- Zillow Research — ZHVI (Zillow Home Value Index) + ZORI (Zillow Observed Rent Index), city-level. zillow.com/research/data. Retrieved 2026-04-19.
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates for median household income and population. census.gov/programs-surveys/acs.
- CalcFi state financial context — tips + first-time homebuyer programs compiled from each state's Housing Finance Authority (HFA) public pages. See
src/data/state-financial-context.ts. - Tax Foundation — state property tax effective rates and state/local sales tax rates. taxfoundation.org.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — weekly national mortgage rate averages used by mortgage-related calculators. freddiemac.com/pmms.
- U.S. Energy Information Administration — residential electricity / natural gas / gasoline — www.eia.gov. Retrieved 2026-04-19.
- FRED (Federal Reserve Economic Data) — real median household income, unemployment, HPI, LFPR per state — fred.stlouisfed.org. Retrieved 2026-04-19.
- Freddie Mac Primary Mortgage Market Survey (PMMS) — weekly national mortgage rates — www.freddiemac.com/pmms. Retrieved 2026-04-19.
- NAIC Dwelling Fire, Homeowners Owners, and Homeowners Tenants Insurance Report — content.naic.org/article/homeowners-insurance-report. Retrieved 2026-04-19.
- State Departments of Revenue — official bracket + deduction publications (one primary URL per state; linked in the brackets table below) — taxfoundation.org/data/all/state/state-income-tax-rates. Retrieved 2026-04-19.
- Bureau of Economic Analysis — Regional Price Parities by State — www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area. Retrieved 2026-04-19.
- U.S. Department of Labor — State Minimum Wage Laws — www.dol.gov/agencies/whd/minimum-wage/state. Retrieved 2026-04-19.
- BLS Occupational Employment and Wage Statistics (OEWS) — state-level occupational wages — www.bls.gov/oes. Retrieved 2026-04-19.
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National reference: Gas Cost Calculator