Horace, ND vs Surrey, ND
There is a significant gap in the cost of living between these two cities. Surrey is 18.9% cheaper than Horace. With a cost index of 81 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Surrey to Horace should plan for substantially higher expenses across most categories.
On the housing front, median rent in Horace is $963/month compared to $846/month in Surrey — a 14% difference. Home values follow the same pattern: Surrey is more affordable at $302,200 median vs $444,600.
Median household income in Horace is $145,801 compared to $105,125 in Surrey (+38.7%). 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 9.7% in Surrey.
Climate-wise, both cities share similar average temperatures (42.2°F vs 43.4°F). Horace receives more rainfall at 24" per year compared to 16.7" in Surrey.
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Climate
NOAA 30-year normals (1991-2020)