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Oxbow, ND vs Velva, ND

119
Oxbow
North Dakota
VS
+67.4%
71
Velva
North Dakota

The cost of living difference between Oxbow, ND and Velva, ND is dramatic. Velva is 67.4% cheaper than Oxbow, a gap that translates to thousands of dollars per year in household expenses. Oxbow has a cost index of 119 while Velva sits at 71, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Oxbow are $582,100 compared to $208,700 in Velva, a 179% gap.

Median household income in Oxbow is $172,083 compared to $81,354 in Velva (+111.5%). While Oxbow is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (42.2°F vs 43.4°F). Oxbow receives more rainfall at 24" per year compared to 16.7" in Velva.

Income & Cost

Cost of Living Index
Oxbow
119
Velva
71
40% cheaper
Median Household Income
Oxbow
$172,083
53% higher
Velva
$81,354

Housing

Median Rent
Oxbow
Velva
$755
Median Home Value
Oxbow
$582,100
Velva
$208,700
64% cheaper
Population
Oxbow
361
Velva
997

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Oxbow $2.97
Velva $2.97
US $3.07
🥚
Eggs (grade A, large)
Oxbow $2.43
Velva $2.43
US $2.50
🥛
Milk (whole)
Oxbow $3.91
Velva $3.91
US $4.03
🍞
Bread (white)
Oxbow $1.79
Velva $1.80
US $1.85
🍗
Chicken breast
Oxbow $4.02
Velva $4.02
US $4.14
Electricity
Oxbow $0.15
Velva $0.14
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Oxbow 42.2°F
Velva 43.4°F
Summer High
Oxbow 82°F
Velva 84°F
Winter Low
Oxbow 0°F
Velva 4°F
Rainfall
Oxbow 24"
Velva 16.7"
Rainy Days
Oxbow 109d
Velva 87d