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New Town, ND vs Park River, ND

72
New Town
North Dakota
VS
+6.6%
68
Park River
North Dakota

Park River is moderately more affordable than New Town, with a 6.6% lower cost of living index. New Town scores 72 compared to 68 for Park River, where the US average is 100. This difference means residents of New Town can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Town is $819/month compared to $892/month in Park River — a 8% difference. Interestingly, home values tell a different story: while New Town has cheaper rent, Park River actually has lower median home values ($118,600 vs $199,700).

Median household income in New Town is $50,707 compared to $76,080 in Park River (-33.4%). Park River offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Town spend roughly 19.4% of their income on rent, more than the 14.1% in Park River.

Climate-wise, both cities share similar average temperatures (40.9°F vs 39.8°F). Park River receives more rainfall at 21.7" per year compared to 17.8" in New Town.

Income & Cost

Cost of Living Index
New Town
72
Park River
68
6% cheaper
Median Household Income
New Town
$50,707
Park River
$76,080
33% higher

Housing

Median Rent
New Town
$819
8% cheaper
Park River
$892
Median Home Value
New Town
$199,700
Park River
$118,600
41% cheaper
Population
New Town
2,725
Park River
1,483

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Town 40.9°F
Park River 39.8°F
Summer High
New Town 81°F
Park River 81°F
Winter Low
New Town 2°F
Park River -3°F
Rainfall
New Town 17.8"
Park River 21.7"
Rainy Days
New Town 102d
Park River 105d