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New Town, ND vs Watford City, ND

72
New Town
North Dakota
VS
-27.3%
99
Watford City
North Dakota

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

Cost of Living Index
New Town
72
27% cheaper
Watford City
99
Median Household Income
New Town
$50,707
Watford City
$88,351
43% higher

Housing

Median Rent
New Town
$819
32% cheaper
Watford City
$1,210
Median Home Value
New Town
$199,700
48% cheaper
Watford City
$385,100
Population
New Town
2,725
Watford City
6,016

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
New Town 40.9°F
Watford City 41.7°F
Summer High
New Town 81°F
Watford City 85°F
Winter Low
New Town 2°F
Watford City 1°F
Rainfall
New Town 17.8"
Watford City 15.1"
Rainy Days
New Town 102d
Watford City 100d