Casselton, ND vs Parshall, ND

There is a significant gap in the cost of living between these two cities. Parshall is 26% cheaper than Casselton. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parshall to Casselton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Casselton is $764/month compared to $711/month in Parshall — a 8% difference. Home values follow the same pattern: Parshall is more affordable at $121,700 median vs $297,500.

Median household income in Casselton is $68,472 compared to $42,500 in Parshall (+61.1%). While Casselton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Casselton spend roughly 13.4% of their income on rent, less than the 20.1% in Parshall.