Powers Lake, ND vs Ray, ND

Powers Lake, ND and Ray, ND have a very similar cost of living, with only a 0.9% difference in their overall index. Powers Lake scores 77 while Ray scores 78 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 Powers Lake is $1,074/month compared to $971/month in Ray — a 11% difference. Interestingly, home values tell a different story: while Ray has cheaper rent, Powers Lake actually has lower median home values ($165,000 vs $211,500).

Median household income in Powers Lake is $77,750 compared to $69,792 in Ray (+11.4%). Powers Lake offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Powers Lake spend roughly 16.6% of their income on rent, less than the 16.7% in Ray.

Climate-wise, Ray is notably warmer with an average of 41.7°F compared to 37.9°F in Powers Lake. Powers Lake receives more rainfall at 15.7" per year compared to 15.1" in Ray.