Lisbon, ND vs Park River, ND
Lisbon, ND and Park River, ND have a very similar cost of living, with only a 1.8% difference in their overall index. Lisbon scores 67 while Park River scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lisbon is $671/month compared to $892/month in Park River — a 25% difference. Interestingly, home values tell a different story: while Lisbon has cheaper rent, Park River actually has lower median home values ($118,600 vs $185,700).
Median household income in Lisbon is $61,953 compared to $76,080 in Park River (-18.6%). While Park River 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 14.1% in Park River.
Climate-wise, both cities share similar average temperatures (42.2°F vs 39.8°F). Lisbon receives more rainfall at 24" per year compared to 21.7" in Park River.
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Housing
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Climate
NOAA 30-year normals (1991-2020)