Cost of Living: Reno, NV vs Norway, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Reno | Norway |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $458,000 | $156,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: Reno vs Norway
- In Reno, the median home price is higher at $458,000, while in Norway it is $156,000.
- The rent for a two-bedroom apartment is equal in both Reno and Norway at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Reno | Norway |
|---|---|---|
| Electricity Price | $15.5 | $14.82 |
| Natural Gas Price | $20.66 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Reno vs Norway
- Electricity costs are higher in Reno at $15.5 per kWh, compared to $14.82 in Norway.
- Natural gas is more expensive in Reno at $20.66 per unit, while it is cheaper at $15.61 in Norway.
- Utility expenses are equal in both Reno and Norway averaging $250.