Horace, ND vs Lincoln, ND
Lincoln is moderately more affordable than Horace, with a 8.1% lower cost of living index. Horace scores 97 compared to 90 for Lincoln, where the US average is 100. This difference means residents of Horace can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Horace is $963/month compared to $1,222/month in Lincoln — a 21% difference. Interestingly, home values tell a different story: while Horace has cheaper rent, Lincoln actually has lower median home values ($259,400 vs $444,600).
Median household income in Horace is $145,801 compared to $83,387 in Lincoln (+74.8%). While Horace is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Horace spend roughly 7.9% of their income on rent, less than the 17.6% in Lincoln.
Climate-wise, both cities share similar average temperatures (42.2°F vs 43.1°F). Horace receives more rainfall at 24" per year compared to 19.1" in Lincoln.
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)