Reynolds, ND vs Velva, ND
The cost of living difference between Reynolds, ND and Velva, ND is dramatic. Velva is 32.9% cheaper than Reynolds, a gap that translates to thousands of dollars per year in household expenses. Reynolds has a cost index of 94 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.
On the housing front, median rent in Reynolds is $1,750/month compared to $755/month in Velva — a 132% difference. Interestingly, home values tell a different story: while Velva has cheaper rent, Reynolds actually has lower median home values ($137,500 vs $208,700).
Median household income in Reynolds is $86,875 compared to $81,354 in Velva (+6.8%). Reynolds does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Reynolds spend roughly 24.2% of their income on rent, more than the 11.1% in Velva.
Climate-wise, Velva is notably warmer with an average of 43.4°F compared to 39.8°F in Reynolds. Reynolds receives more rainfall at 21.7" per year compared to 16.7" in Velva.
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)