Cost of Living in Norway, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

66.0

100 = national avg

-34.0 vs national average

Living Wage (1 Adult)

$29,036

per year

Living Wage (Family of 4)

$68,630

per year

Cost Index by Category

Housing
52.3
Food
81.6
Transportation
63.2
Healthcare
85.3
Utilities
79.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$785

per month

2 Bedroom

$1,030

per month

The overall cost of living index in Norway is 66.0, which is 34.0% below the national average. Housing costs are below the national average at an index of 52.3. A single adult needs to earn approximately $29,036 per year to cover basic expenses.