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Geneva, IA vs Norway, IA

56
Geneva
Iowa
VS
-27%
76
Norway
Iowa

There is a significant gap in the cost of living between these two cities. Geneva is 27% cheaper than Norway. With a cost index of 56 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Geneva to Norway should plan for substantially higher expenses across most categories.

On the housing front, median rent in Geneva is $625/month compared to $1,063/month in Norway — a 41% difference. Home values follow the same pattern: Geneva is more affordable at $62,000 median vs $155,400.

Median household income in Geneva is $65,000 compared to $91,250 in Norway (-28.8%). While Norway is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Geneva spend roughly 11.5% of their income on rent, less than the 14% in Norway.

Income & Cost

Cost of Living Index
Geneva
56
27% cheaper
Norway
76
Median Household Income
Geneva
$65,000
Norway
$91,250
29% higher

Housing

Median Rent
Geneva
$625
41% cheaper
Norway
$1,063
Median Home Value
Geneva
$62,000
60% cheaper
Norway
$155,400
Population
Geneva
168
Norway
490

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Geneva
Norway $2.96
US $3.07
🥚
Eggs (grade A, large)
Geneva
Norway $2.42
US $2.50
🥛
Milk (whole)
Geneva
Norway $3.89
US $4.03
🍞
Bread (white)
Geneva
Norway $1.79
US $1.85
🍗
Chicken breast
Geneva
Norway $4.00
US $4.14
Electricity
Geneva
Norway $0.17
US $0.19