Hankinson, ND vs Lisbon, ND

There is a significant gap in the cost of living between these two cities. Hankinson is 16.8% cheaper than Lisbon. With a cost index of 55 vs 67, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hankinson to Lisbon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hankinson is $533/month compared to $671/month in Lisbon — a 21% difference. Home values follow the same pattern: Hankinson is more affordable at $100,700 median vs $185,700.

Median household income in Hankinson is $66,250 compared to $61,953 in Lisbon (+6.9%). Hankinson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hankinson spend roughly 9.7% of their income on rent, less than the 13% in Lisbon.

Climate-wise, both cities share similar average temperatures (44°F vs 42.2°F). Lisbon receives more rainfall at 24" per year compared to 22.9" in Hankinson.