Finley, ND vs Northwood, ND
There is a significant gap in the cost of living between these two cities. Finley is 18.5% cheaper than Northwood. With a cost index of 56 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Finley to Northwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Finley is $642/month compared to $750/month in Northwood — a 14% difference. Home values follow the same pattern: Finley is more affordable at $73,100 median vs $200,500.
Median household income in Finley is $74,583 compared to $76,875 in Northwood (-3%). Northwood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Finley spend roughly 10.3% of their income on rent, less than the 11.7% in Northwood.
Climate-wise, both cities share similar average temperatures (39.8°F vs 39.8°F). Northwood receives more rainfall at 21.7" per year compared to 21.7" in Finley.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)