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Horace, ND vs Watford City, ND

97
Horace
North Dakota
VS
-2.4%
99
Watford City
North Dakota

Horace, ND and Watford City, ND have a very similar cost of living, with only a 2.4% difference in their overall index. Horace scores 97 while Watford City scores 99 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Horace is $963/month compared to $1,210/month in Watford City — a 20% difference. Interestingly, home values tell a different story: while Horace has cheaper rent, Watford City actually has lower median home values ($385,100 vs $444,600).

Median household income in Horace is $145,801 compared to $88,351 in Watford City (+65%). Horace offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Horace spend roughly 7.9% of their income on rent, less than the 16.4% in Watford City.

Climate-wise, both cities share similar average temperatures (42.2°F vs 41.7°F). Horace receives more rainfall at 24" per year compared to 15.1" in Watford City.

Income & Cost

Cost of Living Index
Horace
97
2% cheaper
Watford City
99
Median Household Income
Horace
$145,801
39% higher
Watford City
$88,351

Housing

Median Rent
Horace
$963
20% cheaper
Watford City
$1,210
Median Home Value
Horace
$444,600
Watford City
$385,100
13% cheaper
Population
Horace
3,964
Watford City
6,016

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Horace $2.97
Watford City
US $3.07
🥚
Eggs (grade A, large)
Horace $2.43
Watford City
US $2.50
🥛
Milk (whole)
Horace $3.91
Watford City
US $4.03
🍞
Bread (white)
Horace $1.79
Watford City
US $1.85
🍗
Chicken breast
Horace $4.02
Watford City
US $4.14
Electricity
Horace $0.15
Watford City
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Horace 42.2°F
Watford City 41.7°F
Summer High
Horace 82°F
Watford City 85°F
Winter Low
Horace 0°F
Watford City 1°F
Rainfall
Horace 24"
Watford City 15.1"
Rainy Days
Horace 109d
Watford City 100d