Belcourt, ND vs Hankinson, ND
There is a significant gap in the cost of living between these two cities. Hankinson is 16% cheaper than Belcourt. With a cost index of 55 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hankinson to Belcourt should plan for substantially higher expenses across most categories.
On the housing front, median rent in Belcourt is $843/month compared to $533/month in Hankinson — a 58% difference. Interestingly, home values tell a different story: while Hankinson has cheaper rent, Belcourt actually has lower median home values ($94,300 vs $100,700).
Median household income in Belcourt is $64,526 compared to $66,250 in Hankinson (-2.6%). Hankinson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Belcourt spend roughly 15.7% of their income on rent, more than the 9.7% in Hankinson.
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