Hankinson, ND vs Oakes, ND

There is a significant gap in the cost of living between these two cities. Hankinson is 16.8% cheaper than Oakes. 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 Oakes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hankinson is $533/month compared to $740/month in Oakes — a 28% difference. Home values follow the same pattern: Hankinson is more affordable at $100,700 median vs $160,100.

Median household income in Hankinson is $66,250 compared to $64,750 in Oakes (+2.3%). 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 13.7% in Oakes.

Climate-wise, both cities share similar average temperatures (44°F vs 44°F). Hankinson receives more rainfall at 22.9" per year compared to 21.8" in Oakes.