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Hankinson, ND vs Munich, ND

55
Hankinson
North Dakota
VS
-30.8%
80
Munich
North Dakota

The cost of living difference between Hankinson, ND and Munich, ND is dramatic. Hankinson is 30.8% cheaper than Munich, a gap that translates to thousands of dollars per year in household expenses. Hankinson has a cost index of 55 while Munich sits at 80, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Hankinson are $100,700 compared to $111,200 in Munich, a 9% gap.

Median household income in Hankinson is $66,250 compared to $75,855 in Munich (-12.7%). Munich does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Climate-wise, Hankinson is notably warmer with an average of 44°F compared to 40.2°F in Munich. Hankinson receives more rainfall at 22.9" per year compared to 20" in Munich.

Income & Cost

Cost of Living Index
Hankinson
55
31% cheaper
Munich
80
Median Household Income
Hankinson
$66,250
Munich
$75,855
13% higher

Housing

Median Rent
Hankinson
$533
Munich
Median Home Value
Hankinson
$100,700
9% cheaper
Munich
$111,200
Population
Hankinson
768
Munich
258

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hankinson 44°F
Munich 40.2°F
Summer High
Hankinson 83°F
Munich 79°F
Winter Low
Hankinson 4°F
Munich -2°F
Rainfall
Hankinson 22.9"
Munich 20"
Rainy Days
Hankinson 108d
Munich 98d