Reynolds, ND vs Thompson, ND
There is a significant gap in the cost of living between these two cities. Thompson is 27.7% cheaper than Reynolds. With a cost index of 74 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Thompson to Reynolds should plan for substantially higher expenses across most categories.
On the housing front, median rent in Reynolds is $1,750/month compared to $706/month in Thompson — a 148% difference. Interestingly, home values tell a different story: while Thompson has cheaper rent, Reynolds actually has lower median home values ($137,500 vs $274,000).
Median household income in Reynolds is $86,875 compared to $110,909 in Thompson (-21.7%). Thompson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Reynolds spend roughly 24.2% of their income on rent, more than the 7.6% in Thompson.
Climate-wise, both cities share similar average temperatures (39.8°F vs 39.8°F). Thompson receives more rainfall at 21.7" per year compared to 21.7" in Reynolds.
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