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Buchanan, ND vs Colfax, ND

89
Buchanan
North Dakota
VS
+2.1%
88
Colfax
North Dakota

Buchanan, ND and Colfax, ND have a very similar cost of living, with only a 2.1% difference in their overall index. Buchanan scores 89 while Colfax scores 88 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Buchanan are $225,000 compared to $202,800 in Colfax, a 11% gap.

Median household income in Buchanan is $105,357 compared to $114,375 in Colfax (-7.9%). Colfax offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Buchanan
89
Colfax
88
2% cheaper
Median Household Income
Buchanan
$105,357
Colfax
$114,375
8% higher

Housing

Median Rent
Buchanan
Colfax
Median Home Value
Buchanan
$225,000
Colfax
$202,800
10% cheaper
Population
Buchanan
92
Colfax
265

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