Cost of living in Fargo (United States) is 36% more expensive than in Alicante (Spain)
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 378 prices entered by 42 different people.
For example, you would need at least €2,714 ($3,082) in Fargo to maintain the same standard of living that you can have with €2,000 in Alicante.