Carrington, ND vs Ray, ND

There is a significant gap in the cost of living between these two cities. Carrington is 16.2% cheaper than Ray. With a cost index of 65 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrington to Ray should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrington is $743/month compared to $971/month in Ray — a 24% difference. Home values follow the same pattern: Carrington is more affordable at $141,800 median vs $211,500.

Median household income in Carrington is $65,469 compared to $69,792 in Ray (-6.2%). Ray does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Carrington spend roughly 13.6% of their income on rent, less than the 16.7% in Ray.