Bismarck, North Dakota (KFYR) – While the cost of living is rising across the country, North Dakota is one of the cheapest places to live.
North Dakota ranks 26th on the list, according to the Missouri Research and Information Center (MERIC). We may rank in the middle, but the cost of living in Bismarck alone is up 0.8% from a year ago, according to Salary.com.
Grocery and utilities are just two examples of increases statewide.
MERIC said the cost of groceries was 103.5%. This is an average for participating cities and metropolitan areas within the state. The rise in food prices may be due to the recent rise in egg prices and food prices nationwide.
In-state utilities also had a higher percentage. The Montana-Dakota Utilities Company says the heat will be higher because of the cost of natural gas. Weather conditions also affect a customer’s bill, but there are ways to keep that cost down, according to the website.
The big question on everyone’s mind is whether these prices will go down. The answer is yes. Inflation fell to 6.5% in December compared with his year earlier, according to the government. Critics say the official rate doesn’t capture how bad the situation is, according to Central Square.
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