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Neche, ND vs Velva, ND

78
Neche
North Dakota
VS
+10%
71
Velva
North Dakota

Velva is moderately more affordable than Neche, with a 10% lower cost of living index. Neche scores 78 compared to 71 for Velva, where the US average is 100. This difference means residents of Neche can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Neche are $87,100 compared to $208,700 in Velva, a 58% gap.

Median household income in Neche is $80,625 compared to $81,354 in Velva (-0.9%). Velva offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Velva is notably warmer with an average of 43.4°F compared to 38.4°F in Neche. Neche receives more rainfall at 22.1" per year compared to 16.7" in Velva.

Income & Cost

Cost of Living Index
Neche
78
Velva
71
9% cheaper
Median Household Income
Neche
$80,625
Velva
$81,354
1% higher

Housing

Median Rent
Neche
Velva
$755
Median Home Value
Neche
$87,100
58% cheaper
Velva
$208,700
Population
Neche
355
Velva
997

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Neche
Velva $2.97
US $3.07
🥚
Eggs (grade A, large)
Neche
Velva $2.43
US $2.50
🥛
Milk (whole)
Neche
Velva $3.91
US $4.03
🍞
Bread (white)
Neche
Velva $1.80
US $1.85
🍗
Chicken breast
Neche
Velva $4.02
US $4.14
Electricity
Neche
Velva $0.14
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Neche 38.4°F
Velva 43.4°F
Summer High
Neche 79°F
Velva 84°F
Winter Low
Neche -5°F
Velva 4°F
Rainfall
Neche 22.1"
Velva 16.7"
Rainy Days
Neche 104d
Velva 87d