Lincoln, ND vs New Town, ND
There is a significant gap in the cost of living between these two cities. New Town is 24.1% cheaper than Lincoln. With a cost index of 72 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Town to Lincoln should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lincoln is $1,222/month compared to $819/month in New Town — a 49% difference. Home values follow the same pattern: New Town is more affordable at $199,700 median vs $259,400.
Median household income in Lincoln is $83,387 compared to $50,707 in New Town (+64.4%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lincoln spend roughly 17.6% of their income on rent, less than the 19.4% in New Town.
Climate-wise, both cities share similar average temperatures (43.1°F vs 40.9°F). Lincoln receives more rainfall at 19.1" per year compared to 17.8" in New Town.
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Climate
NOAA 30-year normals (1991-2020)