Hazen, ND vs Velva, ND

Velva is moderately more affordable than Hazen, with a 8.1% lower cost of living index. Hazen scores 77 compared to 71 for Velva, where the US average is 100. This difference means residents of Hazen can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hazen is $989/month compared to $755/month in Velva — a 31% difference. Interestingly, home values tell a different story: while Velva has cheaper rent, Hazen actually has lower median home values ($189,300 vs $208,700).

Median household income in Hazen is $72,094 compared to $81,354 in Velva (-11.4%). Velva offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hazen spend roughly 16.5% of their income on rent, more than the 11.1% in Velva.

Climate-wise, both cities share similar average temperatures (40.9°F vs 43.4°F). Hazen receives more rainfall at 17.8" per year compared to 16.7" in Velva.