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Powers Lake, ND vs Steele, ND

77
Powers Lake
North Dakota
VS
+13.4%
68
Steele
North Dakota

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.

Income & Cost

Cost of Living Index
Powers Lake
77
Steele
68
12% cheaper
Median Household Income
Powers Lake
$77,750
19% higher
Steele
$63,000

Housing

Median Rent
Powers Lake
$1,074
Steele
$786
27% cheaper
Median Home Value
Powers Lake
$165,000
Steele
$160,300
3% cheaper
Population
Powers Lake
292
Steele
742

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Powers Lake 37.9°F
Steele 40.3°F
Summer High
Powers Lake 78°F
Steele 80°F
Winter Low
Powers Lake -2°F
Steele 0°F
Rainfall
Powers Lake 15.7"
Steele 20.9"
Rainy Days
Powers Lake 102d
Steele 0d