Cost of Living in Nora Springs, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.2
100 = national avg
-3.8 vs national average
Living Wage (1 Adult)
$42,329
per year
Living Wage (Family of 4)
$100,050
per year
Cost Index by Category
Housing77.5
Food105.1
Transportation110.2
Healthcare104.1
Utilities98.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$750
per month
2 Bedroom
$949
per month
The overall cost of living index in Nora Springs is 96.2, which is 3.8% below the national average. Housing costs are below the national average at an index of 77.5. A single adult needs to earn approximately $42,329 per year to cover basic expenses.