Thor, IA Cost of Living


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United States / Iowa / No Metro Area / Humboldt County / Thor / Zip Codes

Thor cost of living score
75.4
Less expensive
24.6% lower
than the US average
5.9% lower
than the Iowa average
Thor, Iowa gets a BestPlaces Cost of Living score of 75.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.6% lower than the U.S. average and 5.9% higher than the average for Iowa.

Thor, IA

Housing costs in Thor?
A typical home costs $104,800, which is 69.0% less expensive than the national average of $338,100 and 46.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Thor costs $700 per month, which is 51.0% cheaper than the national average of $1,430 and 32.9% cheaper than the state average of $930.

Can I afford Thor?
To live comfortably in Thor, Iowa, a minimum annual income of $20,160 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Thor?
The cost of living in Thor, IA is relatively low compared to the national average. The median house value sits at around $119,000 while the median household income is about $55,000. This makes Thor a great choice for anyone looking for an affordable place to live with plenty of job opportunities. The cost of goods and services is also lower than most other cities in Iowa, helping residents save money on everyday items like groceries and clothing. Furthermore, there are no state income taxes in Iowa, which helps keep costs even lower. All in all, Thor is an excellent option for people looking for a comfortable yet affordable place to call home.
   Cost of living score
     CategoriesThorIowaUnited States
  75.480.1100.0
  93.294.4100
  124.2108.2100.0
  19.755.4100.0
  $104,800$194,900$338,100
  92.4%98.5%100.0%
  66.571.4100.0
  88.096.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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