The cost of living index in Norwalk, IA, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing in Norwalk stands at 77, indicating it is 23% cheaper than the national average. Other areas like groceries, utilities, and healthcare also reflect lower costs, with indices of 92, 98, and 88, respectively. This suggests that living in Norwalk, IA, can be more affordable for many essential expenses.
The cost of living in Norwalk, Iowa, presents a favorable comparison to the nationwide average. The housing index in Norwalk stands at 77, which is 23% lower than the national average of 100. This lower housing index suggests that residents can find more affordable housing options, making it an attractive location for those looking to manage their living expenses effectively.
Additionally, the grocery index in Norwalk is 92, which is 8% lower than the national average. This indicates that groceries in Norwalk are slightly cheaper than the average cost across the country. Utilities in Norwalk are priced at 98, just 2% below the national average. Transportation costs are also slightly lower, with an index of 95, which is 5% under the national average. Healthcare costs in Norwalk, at 88, are 12% below the national average, offering potential savings in this essential area. The miscellaneous cost index in Norwalk is 90, which is 10% lower than the national average. Overall, Norwalk provides a cost of living that is notably lower than the national average, making it an appealing choice for budget-conscious individuals.
