Horace cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexHoraceNorth DakotaNational
Cost of living index10393100
IndexHoraceNorth DakotaNational
Goods & Services index9699100
Groceries index101105100
Health care index114109100
Housing index11579100
Transportation index95100100
Utilities index9990100

Did you know?

  • The cost of living in Horace is 11% higher than the North Dakota average.
  • The cost of living in Horace is 3% higher than the national average.
  • The cost of housing in Horace is 15% higher than the national average.
  • North Dakota general sales tax is 2% lower than the national average.
  • North Dakota state income tax is 45% lower than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$94,688$7,891$2,209$2,841
Renters$56,771$4,731$1,325$1,703

North Dakota Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Dakota5%8%

North Dakota Income Tax

StateIncome Tax (Low)Income Tax (High)
North Dakota1.22%3.22%

Goods & Services

ItemHoraceNational avg.Difference
Haircut $15.15$14.593.8%
Beauty Salon $27.25$34.6821.4%
Toothpaste $2.31$2.476.6%
Shampoo $1.03$1.020.8%
Movie $10.00$9.871.3%
Bowling $3.67$4.3916.4%

Groceries

ItemHoraceNational avg.Difference
Ground Beef $3.98$4.4811.1%
Fried Chicken $1.78$1.4621.6%
Milk $2.94$2.3624.8%
Potatoes $2.25$3.0626.5%
Pizza $8.00$9.2413.4%
Beer $9.14$8.635.9%

Health Care

ItemHoraceNational avg.Difference
Optometrist $79.40$99.7820.4%
Doctor $152.00$105.0344.7%
Dentist $95.00$88.707.1%
Ibuprofen $8.18$9.4113.1%
Lipitor $321.67$298.507.8%

Housing

ItemHoraceNational avg.Difference
Home Price $229,100.00$175,700.0030.4%
Avg. Mortgage Payment $980.39$1,081.039.3%
Apartment Rent $733.00$920.0020.3%

Transportation

ItemHoraceNational avg.Difference
Gasoline $1.90$2.099.2%
Tire Balancing $48.96$45.298.1%

Utilities

ItemHoraceNational avg.Difference
All Electricity$159.00$170.806.9%
Phone $29.95$28.266.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Wolverton, MN7983-17%
Walcott, ND21685-15%
Comstock, MN11887-13%
Davenport, ND20387-13%
Christine, ND13990-10%
Horace, ND2,5021033%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marengo, IA2,50283-17%
Crownpoint, NM2,50284-16%
Verona, PA2,50287-13%
Spiro, OK2,50282-18%
Edwards AFB, CA2,50312525%
Horace, ND2,5021033%
Source: The Horace, ND cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.