Cost Of Living in Thornton, IA

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Thornton	Iowa	National
Cost of living	84	90	100
Goods & Services	100	96	100
Groceries	95	97	100
Health care	100	99	100
Housing	49	73	100
Transportation	96	98	100
Utilities	104	96	100

New Real Estate Listings in Thornton Area

For Sale For Rent

Search

Search Homes for Sale in Thornton, IA

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Thornton is 6% lower than the Iowa average
The cost of living in Thornton is 16% lower than the national average
Thornton housing is 51% lower than the national average
Iowa general sales tax is 18% higher than the national average
Iowa state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Thornton

See all the best places to live around Thornton

Compare Thornton, IA Cost of Living

Write a review to give others more information about this area.

See all Thornton poll results

The best places in Iowa

Here are the best places to live in Iowa

These are the largest cities in Iowa

Most Dangerous States In The US

Most Dangerous Cities In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$52,813	$4,401	$1,232	$1,585
Renters	$50,156	$4,180	$1,170	$1,505

Iowa Sales Tax

State	General Sales Tax	With Max Surtax
Iowa	6%	7%

Iowa Income Tax

State	Income Tax (Low)	Income Tax (High)
Iowa	4.4%	6%

Goods & Services

Item	Thornton	National avg.	Difference
Haircut	$32.91	$24.26	35.6%
Beauty Salon	$35.27	$45.56	22.6%
Toothpaste	$3.74	$3.70	1.1%
Shampoo	$1.24	$1.28	3.0%
Movie	$10.32	$12.13	15.0%
Bowling	$10.28	$18.00	42.9%

Groceries

Item	Thornton	National avg.	Difference
Ground Beef	$5.27	$5.84	9.7%
Fried Chicken	$1.42	$1.57	9.8%
Milk	$4.56	$4.67	2.4%
Potatoes	$5.01	$4.93	1.6%
Pizza	$11.94	$12.09	1.3%
Beer	$9.82	$10.41	5.7%

Health Care

Item	Thornton	National avg.	Difference
Optometrist	$87.93	$125.68	30.0%
Doctor	$153.18	$135.78	12.8%
Dentist	$105.03	$113.29	7.3%
Ibuprofen	$10.25	$10.65	3.8%
Lipitor	$501.86	$468.60	7.1%

Housing

Item	Thornton	National avg.	Difference
Home Price	$82,000.00	$184,700.00	55.6%
Avg. Mortgage Payment	$2,232.06	$2,346.69	4.9%
Apartment Rent	$555.00	$949.00	41.5%

Transportation

Item	Thornton	National avg.	Difference
Gasoline	$3.39	$3.46	2.1%
Tire Balancing	$54.83	$59.92	8.5%

Utilities

Item	Thornton	National avg.	Difference
All Electricity	$209.45	$193.99	8.0%
Phone	$187.72	$192.25	2.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Portland, IA	27	99	1.0%
Burchinal, IA	20	99	1.0%
Goodell, IA	112	76	23.6%
Alexander, IA	160	78	21.7%
Rowan, IA	156	79	21.4%
Thornton, IA	473	84	16.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fort Yukon, AK	473	116	16.4%
Courtland, CA	473	178	77.7%
Canal Point, FL	473	91	9.0%
Creal Springs, IL	473	81	18.5%
Karnak, IL	473	82	17.6%
Thornton, IA	473	84	16.1%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Thornton, IA