Norway, IA vs Roland, IA
Norway, IA and Roland, IA have a very similar cost of living, with only a 0.6% difference in their overall index. Norway scores 76 while Roland scores 76 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 Norway is $1,063/month compared to $983/month in Roland — a 8% difference. Interestingly, home values tell a different story: while Roland has cheaper rent, Norway actually has lower median home values ($155,400 vs $173,100).
Median household income in Norway is $91,250 compared to $84,779 in Roland (+7.6%). 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, more than the 13.9% in Roland.
Climate-wise, both cities share similar average temperatures (48.3°F vs 48.6°F). Roland receives more rainfall at 35.9" per year compared to 35.9" in Norway.
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Climate
NOAA 30-year normals (1991-2020)