City Comparison

Fargo vs Stockholm

Cost of Living Comparison · 2026

Fargo

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

4.1%

The cost gap between these cities is 4.1%, with Fargo being the more affordable option. A $75,000 income in Fargo has equivalent purchasing power to $78,226 in Stockholm.

Category-by-Category Breakdown

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

Housing
80
Fargo
118
Stockholm
Groceries
98
Fargo
92
Stockholm
Utilities
92
Fargo
88
Stockholm
Transportation
99
Fargo
108
Stockholm
Healthcare
105
Fargo
82
Stockholm

Salary Equivalence

A $75,000 salary in Fargo has the same purchasing power as $78,226 in Stockholm.

Conversely, $75,000 in Stockholm equals $71,907 in Fargo.

Living in Fargo vs Stockholm

Housing Costs

Fargo's housing index of 80 is lower Stockholm's 118, translating to median home prices of $260,000 vs $445,000. The $185,000 difference in home prices means roughly $12,024 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Fargo compared to $1,500/mo in Stockholm, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 98 in Fargo and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $466/month in Fargo vs $437/month in Stockholm. Stockholm offers a meaningful advantage on everyday food costs, saving roughly $348/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 92 in Fargo and 88 in Stockholm. Monthly utility bills average approximately $368 in Fargo vs $352 in Stockholm. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 105 in Fargo and 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,218 in Fargo and $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,374 and $51,546 respectively. Fargo residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,288/month to housing in Fargo vs $1,167/month in Stockholm. In Fargo, median rent of $1,000/mo fits within this budget. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 38 index points — focus your budget analysis there.

Frequently Asked Questions

Fargo is 4.1% more affordable overall with an index of 93 vs 97.
A $75,000 salary in Fargo has equivalent purchasing power to approximately $78,226 in Stockholm, based on the cost of living difference.
Fargo's housing index is 80 with median homes at $260,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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