Malvern, IA vs Norway, IA

Malvern is moderately more affordable than Norway, with a 5.6% lower cost of living index. Malvern scores 72 compared to 76 for Norway, where the US average is 100. This difference means residents of Norway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Malvern is $843/month compared to $1,063/month in Norway — a 21% difference. Interestingly, home values tell a different story: while Malvern has cheaper rent, Norway actually has lower median home values ($155,400 vs $173,900).

Median household income in Malvern is $82,027 compared to $91,250 in Norway (-10.1%). 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 Malvern spend roughly 12.3% of their income on rent, less than the 14% in Norway.

Climate-wise, Malvern is notably warmer with an average of 52.4°F compared to 48.3°F in Norway. Norway receives more rainfall at 35.9" per year compared to 31.9" in Malvern.