Parshall, ND vs Tower City, ND
Parshall, ND and Tower City, ND have a very similar cost of living, with only a 1.9% difference in their overall index. Parshall scores 63 while Tower City scores 64 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Parshall is $711/month compared to $561/month in Tower City — a 27% difference. Interestingly, home values tell a different story: while Tower City has cheaper rent, Parshall actually has lower median home values ($121,700 vs $189,700).
Median household income in Parshall is $42,500 compared to $107,708 in Tower City (-60.5%). While Tower 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 Parshall spend roughly 20.1% of their income on rent, more than the 6.3% in Tower City.
Climate-wise, both cities share similar average temperatures (40.9°F vs 42.2°F). Tower City receives more rainfall at 24" per year compared to 17.8" in Parshall.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)