Cost of Living in Thor, IA

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

Cost of Living Overview

Overall Index

92.7

100 = national avg

-7.3 vs national average

Living Wage (1 Adult)

$40,787

per year

Living Wage (Family of 4)

$96,406

per year

Cost Index by Category

Housing
97.1
Food
93.0
Transportation
86.0
Healthcare
94.4
Utilities
95.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$798

per month

2 Bedroom

$919

per month

The overall cost of living index in Thor is 92.7, which is 7.3% below the national average. Housing costs are below the national average at an index of 97.1. A single adult needs to earn approximately $40,787 per year to cover basic expenses.