Zip 58047 (Horace, ND) Cost of Living


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Horace cost of living score
90.6
Less expensive
9.4% lower
than the US average
2.3% higher
than the North Dakota average
Horace (zip 58047), North Dakota gets a BestPlaces Cost of Living score of 90.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.4% lower than the U.S. average and 2.3% lower than the average for North Dakota.

Zip 58047 (Horace, ND)

Housing costs in Horace?
A typical home costs $432,400, which is 27.9% more expensive than the national average of $338,100 and 79.6% more expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Horace costs $840 per month, which is 8.7% cheaper than the national average of $920 and 8.3% cheaper than the state average of $910.

Can I afford Horace?
To live comfortably in Horace (zip 58047), North Dakota, a minimum annual income of $82,800 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Horace?
The cost of living in 58047 Horace, ND is quite reasonable. The median home price is around $134,400, which is lower than the national average. Additionally, the cost of goods and services is generally below the national average as well. This makes it an attractive option for those looking to settle down somewhere that offers a relatively low cost of living while still having access to amenities and entertainment options. Property taxes are also below average and the area has a low crime rate, making it a safe place to call home.
   Cost of living score
     CategoriesHoraceNorth DakotaUnited States
  90.688.6100.0
  102.995.1100
  95.0103.4100.0
  115.782.3100.0
  $432,400$240,700$338,100
  94.1%89.4%100.0%
  87.474.4100.0
  110.092.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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