Lovilia, IA vs Nora Springs, IA
Lovilia, IA and Nora Springs, IA have a very similar cost of living, with only a 3.4% difference in their overall index. Lovilia scores 63 while Nora Springs scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lovilia is $783/month compared to $757/month in Nora Springs — a 3% difference. Interestingly, home values tell a different story: while Nora Springs has cheaper rent, Lovilia actually has lower median home values ($89,800 vs $126,300).
Median household income in Lovilia is $55,000 compared to $72,083 in Nora Springs (-23.7%). While Nora Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lovilia spend roughly 17.1% of their income on rent, more than the 12.6% in Nora Springs.
Climate-wise, Lovilia is notably warmer with an average of 50.7°F compared to 45.6°F in Nora Springs. Lovilia receives more rainfall at 37" per year compared to 36.3" in Nora Springs.
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Climate
NOAA 30-year normals (1991-2020)