Carrington, ND vs Thompson, ND
Carrington is moderately more affordable than Thompson, with a 11.9% lower cost of living index. Carrington scores 65 compared to 74 for Thompson, where the US average is 100. This difference means residents of Thompson can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Carrington is $743/month compared to $706/month in Thompson — a 5% difference. Interestingly, home values tell a different story: while Thompson has cheaper rent, Carrington actually has lower median home values ($141,800 vs $274,000).
Median household income in Carrington is $65,469 compared to $110,909 in Thompson (-41%). While Thompson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrington spend roughly 13.6% of their income on rent, more than the 7.6% in Thompson.
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