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Golva, ND vs Powers Lake, ND

55
Golva
North Dakota
VS
-29.2%
77
Powers Lake
North Dakota

There is a significant gap in the cost of living between these two cities. Golva is 29.2% cheaper than Powers Lake. With a cost index of 55 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Golva to Powers Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Golva is $433/month compared to $1,074/month in Powers Lake — a 60% difference. Home values follow the same pattern: Golva is more affordable at $127,500 median vs $165,000.

Median household income in Golva is $47,500 compared to $77,750 in Powers Lake (-38.9%). While Powers Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Golva spend roughly 10.9% of their income on rent, less than the 16.6% in Powers Lake.

Climate-wise, Golva is notably warmer with an average of 43.5°F compared to 37.9°F in Powers Lake. Powers Lake receives more rainfall at 15.7" per year compared to 14.6" in Golva.

Income & Cost

Cost of Living Index
Golva
55
29% cheaper
Powers Lake
77
Median Household Income
Golva
$47,500
Powers Lake
$77,750
39% higher

Housing

Median Rent
Golva
$433
60% cheaper
Powers Lake
$1,074
Median Home Value
Golva
$127,500
23% cheaper
Powers Lake
$165,000
Population
Golva
98
Powers Lake
292

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Golva 43.5°F
Powers Lake 37.9°F
Summer High
Golva 85°F
Powers Lake 78°F
Winter Low
Golva 7°F
Powers Lake -2°F
Rainfall
Golva 14.6"
Powers Lake 15.7"
Rainy Days
Golva 88d
Powers Lake 102d