Salary Needed to Live in Fargo as a Couple
A couple sharing expenses without children needs approximately $25,374/year to live comfortably in Fargo, ND — including 12% savings.
Comfortable Salary
$25,374
with 12% savings
Bare Minimum
$21,259
no savings buffer
Monthly Expenses
$1,311
9% below national avg
Detailed Monthly Budget for a Couple in Fargo
| Expense | Fargo | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Apartment Rent | $151 | $137 | +10% |
| 🛒 Groceries | $27 | $27 | 0% |
| ⚡ Utilities | $14 | $19 | -26% |
| 🚗 Transportation | $35 | $35 | 0% |
| 🛡️ Car Insurance | $139 | $211 | -34% |
| 🏥 Health Insurance | $38 | $53 | -28% |
| Internet | $61 | $65 | -6% |
| Phone (×2) | $132 | $140 | -6% |
| Dining & Social | $423 | $450 | -6% |
| Entertainment | $169 | $180 | -6% |
| Personal Care (×2) | $122 | $130 | -6% |
| Total Monthly | $1,311 | $1,447 | -9% |
How We Calculated the Salary
Monthly expenses:$1,311
Target savings (12%):$213/mo
Monthly after-tax needed:$1,524
Effective tax rate:26%
Gross annual salary needed:$25,374
Other Household Types in Fargo
Related Pages
FAQ
What salary does a couple (no kids) need in Fargo?
A couple (no kids) needs approximately $25,374/year ($2,115/month gross) to live comfortably in Fargo with a 12% savings rate.
How much is rent for a couple (no kids) in Fargo?
A 1-2br apartment in Fargo costs approximately $151/month, which is the largest single expense at 12% of the total budget.
Is Fargo affordable for a couple (no kids)?
Yes, Fargo is 9% more affordable than the national average for a couple (no kids).