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Bowman, ND vs Elgin, ND

73
Bowman
North Dakota
VS
+22.5%
60
Elgin
North Dakota

There is a significant gap in the cost of living between these two cities. Elgin is 22.5% cheaper than Bowman. With a cost index of 60 vs 73, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elgin to Bowman should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bowman is $904/month compared to $649/month in Elgin — a 39% difference. Home values follow the same pattern: Elgin is more affordable at $111,400 median vs $181,300.

Median household income in Bowman is $70,859 compared to $40,000 in Elgin (+77.1%). While Bowman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bowman spend roughly 15.3% of their income on rent, less than the 19.5% in Elgin.

Income & Cost

Cost of Living Index
Bowman
73
Elgin
60
18% cheaper
Median Household Income
Bowman
$70,859
44% higher
Elgin
$40,000

Housing

Median Rent
Bowman
$904
Elgin
$649
28% cheaper
Median Home Value
Bowman
$181,300
Elgin
$111,400
39% cheaper
Population
Bowman
1,523
Elgin
654

Salary Equivalency Calculator

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