Halliday, ND vs Parshall, ND
There is a significant gap in the cost of living between these two cities. Parshall is 15.4% cheaper than Halliday. With a cost index of 63 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Parshall to Halliday should plan for substantially higher expenses across most categories.
On the housing front, median rent in Halliday is $1,069/month compared to $711/month in Parshall — a 50% difference. Interestingly, home values tell a different story: while Parshall has cheaper rent, Halliday actually has lower median home values ($106,900 vs $121,700).
Median household income in Halliday is $64,464 compared to $42,500 in Parshall (+51.7%). While Halliday is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Halliday spend roughly 19.9% of their income on rent, less than the 20.1% in Parshall.
Climate-wise, both cities share similar average temperatures (42.8°F vs 40.9°F). Parshall receives more rainfall at 17.8" per year compared to 15.6" in Halliday.
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Climate
NOAA 30-year normals (1991-2020)