Powers Lake, ND vs Steele, ND
Steele is moderately more affordable than Powers Lake, with a 13.4% lower cost of living index. Powers Lake scores 77 compared to 68 for Steele, where the US average is 100. This difference means residents of Powers Lake can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Powers Lake is $1,074/month compared to $786/month in Steele — a 37% difference. Home values follow the same pattern: Steele is more affordable at $160,300 median vs $165,000.
Median household income in Powers Lake is $77,750 compared to $63,000 in Steele (+23.4%). While Powers Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Powers Lake spend roughly 16.6% of their income on rent, more than the 15% in Steele.
Climate-wise, both cities share similar average temperatures (37.9°F vs 40.3°F). Steele receives more rainfall at 20.9" per year compared to 15.7" in Powers Lake.
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Climate
NOAA 30-year normals (1991-2020)