Housing costs in Norway?
A typical home costs
$192,100, which is 43.2% less expensive than the national average of
$338,100 and 1.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Norway costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Norway?
To live comfortably in Norway, Iowa, a minimum annual income of
$36,720 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Norway?
The cost of living in Norway, IA is generally considered to be quite affordable. The median home value in the city is $96,600, which is significantly lower than the national average of $184,700. Additionally, the overall cost of goods and services in Norway are 1% lower than the U.S. average. Groceries, health care, and transportation costs are all relatively low when compared to other locations in the country. For those looking for a budget-friendly place to live with access to amenities and recreational activities, Norway is a great option.