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Elgin, ND vs Golden Valley, ND

60
Elgin
North Dakota
VS
-27.2%
82
Golden Valley
North Dakota

There is a significant gap in the cost of living between these two cities. Elgin is 27.2% cheaper than Golden Valley. With a cost index of 60 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elgin to Golden Valley should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elgin are $111,400 compared to $135,700 in Golden Valley, a 18% gap.

Median household income in Elgin is $40,000 compared to $76,875 in Golden Valley (-48%). While Golden Valley is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (42.3°F vs 40.9°F). Golden Valley receives more rainfall at 17.8" per year compared to 14.3" in Elgin.

Income & Cost

Cost of Living Index
Elgin
60
27% cheaper
Golden Valley
82
Median Household Income
Elgin
$40,000
Golden Valley
$76,875
48% higher

Housing

Median Rent
Elgin
$649
Golden Valley
Median Home Value
Elgin
$111,400
18% cheaper
Golden Valley
$135,700
Population
Elgin
654
Golden Valley
241

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elgin 42.3°F
Golden Valley 40.9°F
Summer High
Elgin 84°F
Golden Valley 81°F
Winter Low
Elgin 5°F
Golden Valley 2°F
Rainfall
Elgin 14.3"
Golden Valley 17.8"
Rainy Days
Elgin 83d
Golden Valley 102d