Norwood, MA Cost Of Living

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

Cost of living in Norwood, Massachusetts

Cost of living in Norwood 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 Norwood is expensive. An index value below 100 means the city is a relatively cheap place to live.

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

150 Cost of living index 1.5x higher vs US
#75 Cheapest in Massachusetts (of 113)
#5,683 Cheapest in the U.S. (of 6,489)
$731,791 Median home value
$2,116 Median rent
$107,030 Median income
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What is the cost of living in Norwood, MA?

According to the most recent data on the cost of living, Norwood has an overall cost of living index of 150, which is 1.5x higher than the national index of 100.

Compared to Massachusetts, Norwood has a cost of living index that's 1.2x higher than Massachusetts's index of 130.

The standard of living in Norwood ranks as #75 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Norwood ranks as the #38 most expensive place in the Bay State.

For more reading on life in Norwood, check out:

Norwood Cost Of Living Vs. Massachusetts

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

  • The Services index in Norwood is 105.

  • The Groceries index in Norwood is 110.

  • The Health index in Norwood is 230.

  • The Housing index in Norwood is 118.

  • The Transportation index in Norwood is 115.

  • The Utilities index in Norwood is 115.

Living Expense Norwood Massachusetts National Average
Overall 150 130 100
Services 105 110 100
Groceries 110 115 100
Health 230 168 100
Housing 118 117 100
Transportation 115 115 100
Utilities 115 114 100

Norwood Cost Of Living Compared To Massachusetts Averages

Services
Norwood 105
Massachusetts avg 110
Groceries
Norwood 110
Massachusetts avg 115
Health
Norwood 230
Massachusetts avg 168
Housing
Norwood 118
Massachusetts avg 117
Transportation
Norwood 115
Massachusetts avg 115
Utilities
Norwood 115
Massachusetts avg 114

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

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

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

Norwood, MA Housing Cost Breakdown

$731,791Median Home Value
$2,116Median Rent
$107,030Median Income

Housing swings affordability the most between places in Massachusetts, 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 Norwood is $731,791.

  • The Median Rent in Norwood is $2,116.

  • The Median Income in Norwood is $107,030.

  • The Home Value To Income in Norwood is 6.8x.

  • The Rent To Monthly Income in Norwood is 0.24x.

Statistic Norwood Massachusetts United States
Median Home Value $731,791 $656,690 $332,700
Median Rent $2,116 $1,762 $1,413
Median Income $107,030 $103,960 $80,734
Home Value To Income 6.8x 6.3x 4.1x
Rent To Monthly Income 0.24x 0.2x 0.21x

Norwood, MA Costs By Category

Detailed Norwood Services costs vs. Massachusetts
Item Norwood Massachusetts
Shampoo $1.49 $1.28
Movie $15.49 $12.13
Bowling $29.33 $18
Haircut $43.72 $24.26
Beauty Salon $65.56 $45.56
Detailed Norwood Groceries costs vs. Massachusetts
Item Norwood Massachusetts
Ground Beef $5.48 $5.84
Fried Chicken $1.45 $1.57
Milk $4.76 $4.67
Potatoes $4.99 $4.93
Pizza $12.52 $12.09
Beer $10.21 $10.41
Toothpaste $3.53 $3.7
Detailed Norwood Health costs vs. Massachusetts
Item Norwood Massachusetts
Optometrist $123.17 $125.68
Doctor $157.89 $135.78
Dentist $149.22 $113.29
Detailed Norwood Transportation costs vs. Massachusetts
Item Norwood Massachusetts
Gasoline $3.43 $3.46
Tire Balancing $97.39 $59.92
Detailed Norwood Utilities costs vs. Massachusetts
Item Norwood Massachusetts
All Electricity $302.72 $193.99
Phone $187.85 $192.25

Norwood SnackAbility

7Overall SnackAbility
Jobs 8.5/10
Housing 9/10
Affordability 5/10
Diversity 8/10
Safety 8.5/10
Amenities 9/10
Education 8.5/10
Commute 4/10

Cost Of Living In Cities Around Norwood

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

  • Newton, MA has a cost of living index of 205, 1.4x Norwood.

  • Brookline, MA has a cost of living index of 221, 1.5x Norwood.

  • Arlington, MA has a cost of living index of 173, 1.2x Norwood.

City Population Cost Of Living Vs. Norwood
Newton, MA 89,044 205 1.4x
Brookline, MA 63,266 221 1.5x
Arlington, MA 46,350 173 1.2x
Lexington, MA 34,295 209 1.4x
Needham, MA 32,459 203 1.4x
Wellesley, MA 30,347 239 1.6x
Milton, MA 28,587 168 1.1x
Belmont, MA 27,175 203 1.4x
Dedham, MA 25,237 154 1.0x
Winchester, MA 23,406 210 1.4x