A-
Overall 18%
Goods & Services 4%
Housing 58%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
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.
IndexThorntonIowaNational
Cost of living8290100
Goods & Services9696100
Groceries9698100
Health care98100100
Housing4273100
Transportation103101100
Utilities11198100

Key findings

  • The cost of living in Thornton is 9% lower than the Iowa average
  • The cost of living in Thornton is 18% lower than the national average
  • Thornton housing is 58% lower than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 87% lower than the national average

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Compare Thornton, IA Cost of Living

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      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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$57,500$4,792$1,342$1,725
      Renters$25,865$2,155$603$776

      Iowa Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Iowa6%7%

      Iowa Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Iowa0.33%8.53%

      Goods & Services

      ItemThorntonNational avg.Difference
      Haircut $25.76$17.4947.3%
      Beauty Salon $29.22$38.1723.4%
      Toothpaste $2.82$2.3221.5%
      Shampoo $0.99$1.012.2%
      Movie $10.50$10.722.1%
      Bowling $10.00$13.8627.9%

      Groceries

      ItemThorntonNational avg.Difference
      Ground Beef $3.27$3.9016.2%
      Fried Chicken $1.65$1.4018.2%
      Milk $2.07$1.965.5%
      Potatoes $2.99$3.186.1%
      Pizza $11.49$10.3910.5%
      Beer $8.93$9.233.2%

      Health Care

      ItemThorntonNational avg.Difference
      Optometrist $94.00$106.3411.6%
      Doctor $130.00$115.2512.8%
      Dentist $92.00$98.386.5%
      Ibuprofen $7.79$9.2615.9%
      Lipitor $465.99$466.470.1%

      Housing

      ItemThorntonNational avg.Difference
      Home Price $67,500.00$184,700.0063.5%
      Avg. Mortgage Payment $927.46$1,273.3227.2%
      Apartment Rent $532.00$949.0043.9%

      Transportation

      ItemThorntonNational avg.Difference
      Gasoline $2.92$2.5912.8%
      Tire Balancing $43.98$48.9010.1%

      Utilities

      ItemThorntonNational avg.Difference
      All Electricity$204.31$167.6021.9%
      Phone $178.59$163.429.3%
      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, StatePopulationCost of Living IndexNational Avg.
      Portland, IA2799-1%
      Burchinal, IA5399-1%
      Chapin, IA25974-26%
      Rowan, IA14378-22%
      Alexander, IA15079-21%
      Thornton, IA48282-18%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Wilmot, AR48270-30%
      Mammoth, PA48299-1%
      Center Ridge, AR48270-30%
      Marianna, PA48273-27%
      Caroga Lake, NY48294-6%
      Thornton, IA48282-18%
      Source: The Thornton, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.