Cost of living in Fargo (United States) is 38% 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 388 prices entered by 41 different people.
For example, you would need at least €3,033 ($3,535) in Fargo to maintain the same standard of living that you can have with €2,200 in Alicante.