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Cost of Living: Bismarck, ND vs Fargo, ND

Wondering how far your dollar stretches in Bismarck compared to Fargo? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Bismarck cost-of-living index is 92 vs 93 for Fargo (US = 100). Median home: $285,000 vs $290,000. Median rent: $950/mo vs $1,073/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Bismarck and Fargo have similar costs of living
COL Index: Bismarck 92 vs Fargo 93 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Bismarck vs Fargo — At a Glance

BismarckMetricFargoDifference
92Cost of Living Index93+1.1%
$285,000Median Home Price$290,000+1.8%
$950Median Monthly Rent$1,073+12.9%
$68,200Median Household Income$67,200-1.5%
1.0%Property Tax Rate1.0%+0.0%
2.5%Unemployment Rate2.5%+0.0%
17 minAverage Commute17 min+0.0%
36.5Median Age30.9-15.3%
135,000Metro Population260,000+92.6%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Bismarck vs Fargo

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Bismarck

Median Home Price$285,000
Down Payment (20.0%)$57,000
Loan Amount$228,000
Principal & Interest$1,441/mo
Property Tax$238/mo
Insurance$83/mo
Monthly PITI$1,762/mo

Fargo

Median Home Price$290,000
Down Payment (20.0%)$58,000
Loan Amount$232,000
Principal & Interest$1,466/mo
Property Tax$242/mo
Insurance$85/mo
Monthly PITI$1,793/mo

Rent & Affordability Ratios

Median Monthly Rent$950 vs $1,073 (+$123/mo)
Annual Rent Difference$1,476/yr more in Fargo
Home Price-to-Income Ratio4.2x (Bismarck) vs 4.3x (Fargo)
Years to Save 20% Down (15% savings rate)5.6 yrs (Bismarck) vs 5.8 yrs (Fargo)

Buying a home in Bismarck costs $1,762/month (PITI) compared to $1,793/month in Fargo — a difference of $31/month or $372/year. The price-to-income ratio is 4.2x in Bismarck versus 4.3x in Fargo, suggesting Bismarck is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 5.6 years to save a down payment in Bismarck compared to 5.8 years in Fargo.

Tax Comparison: Bismarck vs Fargo

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryBismarckFargo
Gross Income$68,200$67,200
State Income Tax$92$73
Federal Income Tax$6,453$6,233
FICA (SS + Medicare)$5,217$5,140
Property Tax (on median home)$2,850/yr$2,900/yr
State Sales Tax Rate5.0%5.0%
Total Tax Burden$11,762 (17.2%)$11,446 (17.0%)
Take-Home Pay$56,438$55,754

On median household income, total taxes (federal + state + FICA) come to $11,762 in Bismarck (17.2% effective) versus $11,446 in Fargo (17.0% effective). After taxes, take-home pay is $56,438 in Bismarck and $55,754 in Fargo. Property taxes add $2,850/year on the median Bismarck home versus $2,900/year in Fargo.

Salary Equivalence: What Your Income Is Worth

A $68,200 salary in Bismarck equals
$68,941
in Fargo
A $67,200 salary in Fargo equals
$66,477
in Bismarck

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $68,200 in Bismarck (COL 92) and relocate to Fargo (COL 93), you would need $68,941 to maintain the same purchasing power. This means you would need a raise of $741 to maintain the same standard of living in Fargo.

Quality of Life: Bismarck vs Fargo

Average Commute
17 min
Bismarck
17 min
Fargo
0 min same in Bismarck
Unemployment Rate
2.5%
Bismarck
2.5%
Fargo
Same
Metro Population
0.1M
Bismarck
0.3M
Fargo
Fargo is 1.9x larger

Beyond costs, quality of life matters. The average commute in Bismarck is 17 minutes versus 17 minutes in Fargo, a difference of 0 minutes each way. Both cities have similar unemployment rates around 2.5%. Bismarck skews slightly older with a median age of 36.5 vs 30.9 in Fargo.

Other Cost of Living Comparisons

Bismarck vs New YorkCOL 92 vs 187Bismarck vs Los AngelesCOL 92 vs 173Bismarck vs ChicagoCOL 92 vs 114Fargo vs New YorkCOL 93 vs 187Fargo vs Los AngelesCOL 93 vs 173Chicago vs FargoCOL 114 vs 93

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Frequently Asked Questions

Is Bismarck or Fargo more expensive?

Bismarck and Fargo have very similar costs of living, with COL indices of 92 and 93 respectively (national average = 100). Day-to-day expenses, housing, and taxes are comparable between the two metro areas.

How much more does housing cost in Fargo vs Bismarck?

The median home price in Fargo is $290,000, which is $5,000 more than Bismarck's median of $285,000. Monthly rent follows a similar pattern: $1,073/month in Fargo vs $950/month in Bismarck, a difference of $123/month or $1,476/year.

What salary do I need in Fargo to match my Bismarck income?

To maintain the same standard of living, a $68,200 salary in Bismarck is equivalent to $68,941 in Fargo. This is based on the cost of living index ratio: Bismarck's COL index of 92 vs Fargo's 93. Conversely, $67,200 in Fargo equals $66,477 in Bismarck.

Which city has lower taxes, Bismarck or Fargo?

On a median household income, the combined federal, state, and FICA tax burden is $11,762 (17.2% effective rate) in Bismarck vs $11,446 (17.0% effective rate) in Fargo. Property taxes on the median home are $2,850/year in Bismarck (1.0% rate) vs $2,900/year in Fargo (1.0% rate). Sales tax rates are 5.0% in North Dakota and 5.0% in North Dakota.

What is the median household income in Bismarck and Fargo?

Bismarck median household income: $68,200/yr. Fargo median household income: $67,200/yr (Census ACS).

How does rent compare in Bismarck vs Fargo?

Median monthly rent: $950 in Bismarck vs $1,073 in Fargo. Annualized that is $11,400 vs $12,876.

Which city is better for remote workers, Bismarck or Fargo?

Bismarck offers a lower cost of living (index 92 vs 93), which lets remote-workers keeping a coastal salary stretch further. Fargo typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Bismarck and Fargo numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Bismarck vs Fargo comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Bismarck vs Fargo cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

All City ComparisonsBismarck COL CalculatorFargo COL CalculatorSalary GuidesMortgage Affordability CalculatorRent vs Buy Calculator

Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.