Grafton, ND vs Park River, ND

Grafton, ND and Park River, ND have a very similar cost of living, with only a 3.7% difference in their overall index. Grafton scores 65 while Park River scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Grafton is $715/month compared to $892/month in Park River — a 20% difference. Interestingly, home values tell a different story: while Grafton has cheaper rent, Park River actually has lower median home values ($118,600 vs $153,800).

Median household income in Grafton is $60,184 compared to $76,080 in Park River (-20.9%). 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 Grafton spend roughly 14.3% of their income on rent, more than the 14.1% in Park River.

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