Lisbon, ND vs New Salem, ND
Lisbon is moderately more affordable than New Salem, with a 7.2% lower cost of living index. Lisbon scores 67 compared to 72 for New Salem, where the US average is 100. This difference means residents of New Salem can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Lisbon is $671/month compared to $866/month in New Salem — a 23% difference. Interestingly, home values tell a different story: while Lisbon has cheaper rent, New Salem actually has lower median home values ($173,400 vs $185,700).
Median household income in Lisbon is $61,953 compared to $69,750 in New Salem (-11.2%). While New Salem is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lisbon spend roughly 13% of their income on rent, less than the 14.9% in New Salem.
Climate-wise, both cities share similar average temperatures (42.2°F vs 43.1°F). Lisbon receives more rainfall at 24" per year compared to 19.1" in New Salem.
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