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Elgin, ND vs Park River, ND

60
Elgin
North Dakota
VS
-11.7%
68
Park River
North Dakota

Elgin is moderately more affordable than Park River, with a 11.7% lower cost of living index. Elgin scores 60 compared to 68 for Park River, where the US average is 100. This difference means residents of Park River can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elgin is $649/month compared to $892/month in Park River — a 27% difference. Home values follow the same pattern: Elgin is more affordable at $111,400 median vs $118,600.

Median household income in Elgin is $40,000 compared to $76,080 in Park River (-47.4%). While Park River is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elgin spend roughly 19.5% of their income on rent, more than the 14.1% in Park River.

Climate-wise, both cities share similar average temperatures (42.3°F vs 39.8°F). Park River receives more rainfall at 21.7" per year compared to 14.3" in Elgin.

Income & Cost

Cost of Living Index
Elgin
60
12% cheaper
Park River
68
Median Household Income
Elgin
$40,000
Park River
$76,080
47% higher

Housing

Median Rent
Elgin
$649
27% cheaper
Park River
$892
Median Home Value
Elgin
$111,400
6% cheaper
Park River
$118,600
Population
Elgin
654
Park River
1,483

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elgin 42.3°F
Park River 39.8°F
Summer High
Elgin 84°F
Park River 81°F
Winter Low
Elgin 5°F
Park River -3°F
Rainfall
Elgin 14.3"
Park River 21.7"
Rainy Days
Elgin 83d
Park River 105d