Norway, ND is a small town located in North Dakota. It is home to several locally-owned businesses such as Norway Bakery, B&J Farms, and Norway Veterinary Service. The overall cost of living in Norway is very affordable. The average 2 bedroom rent is $900, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Norway is 96 versus 100 in the US, making it even more cost-effective to live in this area. Overall, many people choose to call Norway their home due to its affordability and friendly atmosphere.
Norway has an unemployment rate of 3.4%. The US average is 6.0%.
Norway has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Norway
- The Sales Tax Rate for Norway is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Norway is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Norway
- The average income of a Norway resident is $28,731 a year. The US average is $37,638 a year.
- The Median household income of a Norway resident is $0 a year. The US average is $69,021 a year.