CostIndexUSA

Columbia, MO vs Fargo, ND Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMO
Columbia
89.4
overall index
$1,350/mo rent
ND
Fargo
90.9
overall index
$1,100/mo rent

Columbia is slightly cheaper than Fargo — 1.7% lower overall cost of living.

To match an $80,000 salary in Columbia, you would need $81,300 in Fargo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+17.2%
Columbia
69.2
Fargo
81.1
🛒 Groceries+1.6%
Columbia
94.2
Fargo
95.7
🚗 Transportation1.8%
Columbia
97.7
Fargo
95.9
🏥 Healthcare1.8%
Columbia
88.4
Fargo
86.8
Utilities10.1%
Columbia
86
Fargo
77.3

Salary Equivalency Calculator

Enter your current salary in Columbia to see what you'd need to earn in Fargo to maintain the same purchasing power.

$
Equivalent salary in Fargo, ND
$81,300
$1,300 more needed in Fargo

Formula: salary × (90.9 ÷ 89.4) = salary × 1.0168. Based on BEA Regional Price Parities.

Housing Market

Columbia, MO

Median Home Price
$308,000
Median Monthly Rent
$1,350
Housing Index
69.2
Price-to-Rent Ratio
19.0×

Fargo, ND

Median Home Price
$313,000
Median Monthly Rent
$1,100
Housing Index
81.1
Price-to-Rent Ratio
23.7×

Fargo has 17.2% higher housing costs compared to Columbia.

Income & Job Market

Columbia, MO

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
2.9%
Population
126,254
Top Industries
EducationHealthcareGovernmentTechnologyFinance

Fargo, ND

Median Household Income
$72,900
Per Capita Income
$41,600
Unemployment Rate
3.7%
Population
125,990
Top Industries
HealthcareFinanceEducationTechnologyRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Columbia, MO
4.3×income-to-rent ratio

77% of income left after rent (median)

Fargo, ND
5.5×income-to-rent ratio

82% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.