Housing costs in Norway?
A typical home costs
$208,500, which is 38.3% less expensive than the national average of
$338,100 and 7.0% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Norway costs
$930 per month, which is 0.0% cheaper than the national average of
$930 and 3.2% more than the state average of
$900.
Can I afford Norway?
To live comfortably in Norway (zip 52318), Iowa, a minimum annual income of
$39,960 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 (52318) is very reasonable and affordable. The city has an average housing cost of $102,500, which is slightly lower than the national average. Utilities tend to be lower compared to other cities and the overall cost of living index is 12% below the United States' average. Additionally, groceries are relatively inexpensive and health care costs are much lower than the U.S. national average as well. All-in-all, Norway, IA offers a great place to live with a low cost of living that makes it attractive for people who want to live in a safe and friendly community at an affordable price.