Minto, ND vs Park River, ND
There is a significant gap in the cost of living between these two cities. Minto is 15.1% cheaper than Park River. With a cost index of 58 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Minto to Park River should plan for substantially higher expenses across most categories.
On the housing front, median rent in Minto is $650/month compared to $892/month in Park River — a 27% difference. Home values follow the same pattern: Minto is more affordable at $94,600 median vs $118,600.
Median household income in Minto is $71,071 compared to $76,080 in Park River (-6.6%). Park River does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Minto spend roughly 11% of their income on rent, less than the 14.1% in Park River.
Climate-wise, both cities share similar average temperatures (39.8°F vs 39.8°F). Park River receives more rainfall at 21.7" per year compared to 21.7" in Minto.
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Climate
NOAA 30-year normals (1991-2020)