Cogswell, ND vs Fairmount, ND

Cogswell is moderately more affordable than Fairmount, with a 7.9% lower cost of living index. Cogswell scores 50 compared to 55 for Fairmount, where the US average is 100. This difference means residents of Fairmount can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cogswell is $517/month compared to $567/month in Fairmount — a 9% difference. Home values follow the same pattern: Cogswell is more affordable at $45,300 median vs $79,300.

Median household income in Cogswell is $60,938 compared to $55,313 in Fairmount (+10.2%). Cogswell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cogswell spend roughly 10.2% of their income on rent, less than the 12.3% in Fairmount.