New Town, ND vs Watford City, ND
There is a significant gap in the cost of living between these two cities. New Town is 27.3% cheaper than Watford City. With a cost index of 72 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Town to Watford City should plan for substantially higher expenses across most categories.
On the housing front, median rent in New Town is $819/month compared to $1,210/month in Watford City — a 32% difference. Home values follow the same pattern: New Town is more affordable at $199,700 median vs $385,100.
Median household income in New Town is $50,707 compared to $88,351 in Watford City (-42.6%). While Watford City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Town spend roughly 19.4% of their income on rent, more than the 16.4% in Watford City.
Climate-wise, both cities share similar average temperatures (40.9°F vs 41.7°F). New Town receives more rainfall at 17.8" per year compared to 15.1" in Watford City.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)