Norway, IA vs Oakville, IA

There is a significant gap in the cost of living between these two cities. Oakville is 16.9% cheaper than Norway. With a cost index of 65 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakville to Norway should plan for substantially higher expenses across most categories.

On the housing front, median rent in Norway is $1,063/month compared to $900/month in Oakville — a 18% difference. Home values follow the same pattern: Oakville is more affordable at $76,700 median vs $155,400.

Median household income in Norway is $91,250 compared to $53,750 in Oakville (+69.8%). 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 Norway spend roughly 14% of their income on rent, less than the 20.1% in Oakville.

Climate-wise, Oakville is notably warmer with an average of 51.9°F compared to 48.3°F in Norway. Oakville receives more rainfall at 37.9" per year compared to 35.9" in Norway.