City Comparison

Alexandria vs Fargo

Cost of Living Comparison · 2026

Alexandria

Virginia
145
Expensive
$590,000
Median Home
$2,125/mo
Median Rent
$119,700
Median Income

Fargo

North Dakota
93
Below Average
$260,000
Median Home
$1,000/mo
Median Rent
$55,218
Median Income

The Verdict

55.9%

The cost gap between these cities is 55.9%, with Fargo being the more affordable option. A $75,000 income in Alexandria has equivalent purchasing power to $48,103 in Fargo.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
201
Alexandria
80
Fargo
Groceries
113
Alexandria
98
Fargo
Utilities
97
Alexandria
92
Fargo
Transportation
107
Alexandria
99
Fargo
Healthcare
102
Alexandria
105
Fargo

Salary Equivalence

A $75,000 salary in Alexandria has the same purchasing power as $48,103 in Fargo.

Conversely, $75,000 in Fargo equals $116,935 in Alexandria.

Living in Alexandria vs Fargo

Housing Costs

Alexandria's housing index of 201 is higher Fargo's 80, translating to median home prices of $590,000 vs $260,000. The $330,000 difference in home prices means roughly $21,456 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,125/mo in Alexandria compared to $1,000/mo in Fargo, a monthly difference of $1,125.

Grocery & Food Costs

Grocery expenses index at 113 in Alexandria and 98 in Fargo. A household spending the national average of $475/month on groceries would pay approximately $537/month in Alexandria vs $466/month in Fargo. Fargo offers a meaningful advantage on everyday food costs, saving roughly $852/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Alexandria and 92 in Fargo. Monthly utility bills average approximately $388 in Alexandria vs $368 in Fargo. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 102 in Alexandria and 105 in Fargo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $119,700 in Alexandria and $55,218 in Fargo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,552 and $59,374 respectively. Alexandria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,793/month to housing in Alexandria vs $1,288/month in Fargo. In Alexandria, median rent of $2,125/mo fits within this budget. In Fargo, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 121 index points — focus your budget analysis there.

Frequently Asked Questions

Fargo is 55.9% more affordable overall with an index of 93 vs 145.
A $75,000 salary in Alexandria has equivalent purchasing power to approximately $48,103 in Fargo, based on the cost of living difference.
Alexandria's housing index is 201 with median homes at $590,000, while Fargo's is 80 with median homes at $260,000.

Moving & Relocation Resources

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