Cost of Living in Horace, ND
Population 3,964 · North Dakota · Data vintage 2023
(100 = US avg)
Small, well-paid, and production-driven — Horace sits at the intersection of rural North Dakota and the state's energy economy. Median household incomes near $145,801 reflect that wage base, while housing costs track the smaller-town baseline. An unemployment rate of 0.6% points to a labor market well on the tight side of the national distribution.
Located 8 miles southwest of Fargo, Horace falls within that metro's commuting orbit. Median home values run roughly 65% higher than Fargo's $270,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Horace
The median home value in Horace is $444,600 — 46% above the national median of $305,000. Median rent runs $963/month, 27% lower than the national median of $1,314/month. The median household income of $145,801/year is 95% higher than the US median of $74,580. The local unemployment rate is 0.6%, below the national average of 4.8%. North Dakota's top state income tax rate is 2.5% and the combined sales tax is 6.9%. The climate averages highs of 52.6°F and lows of 31.8°F, with about 51.4" of annual snowfall. Overall, Horace has a cost of living index of 117 versus the US average of 100, meaning it is 17% more expensive.
Horace has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 18 | 23 | 36 | 54 | 69 | 78 | 82 | 81 | 72 | 56 | 38 | 24 |
| Low °F | 0 | 4 | 18 | 32 | 44 | 56 | 59 | 57 | 48 | 35 | 21 | 8 |
| Precip" | 0.71 | 0.69 | 1.25 | 1.54 | 3.09 | 4.29 | 3.07 | 2.60 | 2.68 | 2.17 | 0.97 | 0.89 |
| Snow" | 10.3 | 8.1 | 9.2 | 4.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.2 | 6.8 | 11.7 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Horace, ND?
Horace has a cost index of 117 (100 = national average). It is 17% above the national average.
What is average rent in Horace, ND?
The median gross rent in Horace is $963 per month based on 2023 Census data.
What is the average home price in Horace?
The median home value in Horace is $444,600 according to Zillow and Census data.
What is the median income in Horace?
The median household income in Horace is $145,801 per year (2023 ACS 5-year estimates).
What is the sales tax in Horace, ND?
The combined state and local sales tax rate in Horace is 6.9%. The North Dakota state income tax top rate is 2.5%.
Is Horace, ND affordable?
Horace is above average in cost of living, with an index of 117 — about 17% higher than the national average.
What is the weather like in Horace?
Horace has average high temperatures of 52.6°F and average lows of 31.8°F. Annual precipitation is 23.9". Average annual snowfall is 51.4". Data from NOAA 1991–2020 Climate Normals.
Horace at a Glance
- Population
- 3,964
- Median Income
- $145,801
- Home Value
- $444,600
- Median Rent
- $963/mo
- Unemployment
- 0.6%
- Avg High Temp
- 52.6°F
- Sales Tax
- 6.9%
Nearby Cities
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North Dakota Rankings
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