Norwalk, IA Cost Of Living

The latest cost of living statistics for Norwalk. Includes statistics on rent, mortgages, healthcare, and other costs for Norwalk compared to the state and national averages.

Cost of living in Norwalk, Iowa

Cost of living in Norwalk research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Norwalk is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

101 Cost of living index 1.0x higher vs US
#65 Cheapest in Iowa (of 85)
#2,614 Cheapest in the U.S. (of 6,489)
$332,836 Median home value
$838 Median rent
$102,722 Median income
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What is the cost of living in Norwalk, IA?

According to the most recent data on the cost of living, Norwalk has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.

Compared to Iowa, Norwalk has a cost of living index that's 1.1x higher than Iowa's index of 90.

The standard of living in Norwalk ranks as #65 most affordable out of the 85 places we measured in Iowa. By definition, that implies Norwalk ranks as the #20 most expensive place in the Hawkeye State.

For more reading on life in Norwalk, check out:

Norwalk Cost Of Living Vs. Iowa

Six factors go into calculating the cost of living index in Norwalk. Here is how it fares on each of the criteria:

  • The Services index in Norwalk is 97.

  • The Groceries index in Norwalk is 96.

  • The Health index in Norwalk is 114.

  • The Housing index in Norwalk is 96.

  • The Transportation index in Norwalk is 95.

  • The Utilities index in Norwalk is 90.

Living Expense Norwalk Iowa National Average
Overall 101 90 100
Services 97 99 100
Groceries 96 95 100
Health 114 75 100
Housing 96 97 100
Transportation 95 93 100
Utilities 90 94 100

Norwalk Cost Of Living Compared To Iowa Averages

Services
Norwalk 97
Iowa avg 99
Groceries
Norwalk 96
Iowa avg 95
Health
Norwalk 114
Iowa avg 75
Housing
Norwalk 96
Iowa avg 97
Transportation
Norwalk 95
Iowa avg 93
Utilities
Norwalk 90
Iowa avg 94

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Iowa, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Norwalk, IA Housing Cost Breakdown

$332,836Median Home Value
$838Median Rent
$102,722Median Income

Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Norwalk is $332,836.

  • The Median Rent in Norwalk is $838.

  • The Median Income in Norwalk is $102,722.

  • The Home Value To Income in Norwalk is 3.2x.

  • The Rent To Monthly Income in Norwalk is 0.1x.

Statistic Norwalk Iowa United States
Median Home Value $332,836 $231,584 $332,700
Median Rent $838 $972 $1,413
Median Income $102,722 $75,059 $80,734
Home Value To Income 3.2x 3.1x 4.1x
Rent To Monthly Income 0.1x 0.16x 0.21x

Norwalk, IA Costs By Category

Detailed Norwalk Services costs vs. Iowa
Item Norwalk Iowa
Shampoo $1.35 $1.28
Movie $11.17 $12.13
Bowling $20.87 $18
Haircut $20.63 $24.26
Beauty Salon $41.0 $45.56
Detailed Norwalk Groceries costs vs. Iowa
Item Norwalk Iowa
Ground Beef $6.36 $5.84
Fried Chicken $1.38 $1.57
Milk $4.82 $4.67
Potatoes $4.81 $4.93
Pizza $11.84 $12.09
Beer $9.82 $10.41
Toothpaste $3.69 $3.7
Detailed Norwalk Health costs vs. Iowa
Item Norwalk Iowa
Optometrist $125.17 $125.68
Doctor $129.05 $135.78
Dentist $96.6 $113.29
Detailed Norwalk Transportation costs vs. Iowa
Item Norwalk Iowa
Gasoline $3.19 $3.46
Tire Balancing $52.49 $59.92
Detailed Norwalk Utilities costs vs. Iowa
Item Norwalk Iowa
All Electricity $154.71 $193.99
Phone $186.87 $192.25

Norwalk SnackAbility

6Overall SnackAbility
Jobs 8.5/10
Housing 8/10
Affordability 8.5/10
Diversity 4/10
Safety 9.5/10
Amenities 8/10
Education 9/10
Commute 8/10

Cost Of Living In Cities Around Norwalk

The cost of living varies in the cities and towns around Norwalk. Here's a quick look at the cost of living in the most populous nearby places:

  • Des Moines, IA has a cost of living index of 90, 0.9x Norwalk.

  • Ankeny, IA has a cost of living index of 106, 1.0x Norwalk.

  • West Des Moines, IA has a cost of living index of 103, 1.0x Norwalk.

City Population Cost Of Living Vs. Norwalk
Des Moines, IA 212,421 90 0.9x
Ankeny, IA 72,615 106 1.0x
West Des Moines, IA 71,083 103 1.0x
Urbandale, IA 46,595 107 1.1x
Waukee, IA 29,236 104 1.0x
Johnston, IA 24,384 110 1.1x
Altoona, IA 21,495 99 1.0x
Clive, IA 19,012 110 1.1x
Grimes, IA 16,366 103 1.0x
Indianola, IA 16,044 95 0.9x