Cost of Living in Thornton, IA

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

Cost of Living Overview

Overall Index

90.7

100 = national avg

-9.3 vs national average

Living Wage (1 Adult)

$39,891

per year

Living Wage (Family of 4)

$94,288

per year

Cost Index by Category

Housing
71.9
Food
101.2
Transportation
102.4
Healthcare
101.0
Utilities
95.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$750

per month

2 Bedroom

$949

per month

The overall cost of living index in Thornton is 90.7, which is 9.3% below the national average. Housing costs are below the national average at an index of 71.9. A single adult needs to earn approximately $39,891 per year to cover basic expenses.