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Colfax, ND vs Ray, ND

88
Colfax
North Dakota
VS
+12.7%
78
Ray
North Dakota

Ray is moderately more affordable than Colfax, with a 12.7% lower cost of living index. Colfax scores 88 compared to 78 for Ray, where the US average is 100. This difference means residents of Colfax can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Colfax are $202,800 compared to $211,500 in Ray, a 4% gap.

Median household income in Colfax is $114,375 compared to $69,792 in Ray (+63.9%). While Colfax is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Colfax
88
Ray
78
11% cheaper
Median Household Income
Colfax
$114,375
39% higher
Ray
$69,792

Housing

Median Rent
Colfax
Ray
$971
Median Home Value
Colfax
$202,800
4% cheaper
Ray
$211,500
Population
Colfax
265
Ray
762

Salary Equivalency Calculator

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