Cost of Living in Horace, ND
Housing
The housing market plays a significant role in determining the cost of living in Horace, ND.
- Housing Index: 87.6 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $2203 per month
- Average Rent (2 BR House): $2395 per month
When considering a move to Horace, ND, it's essential to take a close look at the housing market. With a housing index of 87.6, the affordability may vary significantly based on property type. The median home price is currently at 300000, suggesting that homeownership may be viable for many. However, without rental data, certain costs may remain unknown. Additionally, exploring amenities, schools, and community resources can provide deeper insights into the overall living experience in Horace. We recommend doing thorough research on the rental market for a holistic view of living in this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Horace, ND.
- Electricity Price: $13.65 USD (median by state)
- Natural Gas Price: $10.8 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $220 per month
Living in Horace, ND could entail higher utility costs. Electricity costs sit at $13.65, while natural gas is priced at $10.8 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $220 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Horace is a financially viable option for your relocation.