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Real Estate Agent Salary in North Dakota: Cost of Living Adjusted (2024)

What does a Real Estate Agent salary really buy you in North Dakota?

North Dakota is 11.3% cheaper than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$61,830
Median annual (2024)
+12.7%
Real Purchasing Power
$69,706
COL-adjusted (RPP=88.7)

North Dakota Cost of Living Index

North Dakota's Regional Price Parity (RPP) is 88.7, meaning prices are 11.3% lower the national average. A Real Estate Agent earning $61,830 in North Dakota has the equivalent purchasing power of $69,706 in an average-cost US state.

ND: 88.7
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for North Dakota's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $37,010 $41,724 +$4,714
25th Percentile (P25) $49,080 $55,332 +$6,252
Median (P50) $61,830 $69,706 +$7,876
75th Percentile (P75) $92,820 $104,644 +$11,824
90th Percentile (P90) $120,030 $135,321 +$15,291
Key Insight

A Real Estate Agent in North Dakota earns $61,830 on paper, but low living costs mean your money goes 13% further — like earning $69,706 in an average-cost state. This makes North Dakota one of the best value states for this occupation.

Best States for Real Estate Agent (After Cost of Living)

Where does Real Estate Agent salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$90,557
RPP 107.6
$87,681
RPP 91.0
3. Alaska
$84,117
RPP 102.0
4. Vermont
$81,730
RPP 101.1
$77,851
RPP 109.4
$70,109
RPP 109.8
$69,706
RPP 88.7
$64,517
RPP 89.2
9. Montana
$62,757
RPP 90.3
$61,829
RPP 88.0

North Dakota ranks #7 out of 48 states for Real Estate Agent after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Real Estate Agent in North Dakota after cost of living?

A Real Estate Agent in North Dakota earns a median salary of $61,830 per year. After adjusting for North Dakota's cost of living (RPP=88.7), the real purchasing power is $69,706 — a +12.7% difference.

Is North Dakota expensive to live in?

North Dakota's cost of living is 11.3% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for North Dakota is 88.7 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Real Estate Agent in North Dakota: $61,830 x (100 / 88.7) = $69,706. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Real Estate Agent in North Dakota financially?

From a purchasing power perspective, yes. A Real Estate Agent in North Dakota enjoys 12.7% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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