Norwich, NY Cost Of Living

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

Cost of living in Norwich, New York

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

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

96 Cost of living index 1.0x lower vs US
#30 Cheapest in New York (of 336)
#1,959 Cheapest in the U.S. (of 6,489)
$145,101 Median home value
$867 Median rent
$53,333 Median income
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What is the cost of living in Norwich, NY?

According to the most recent data on the cost of living, Norwich has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.

Compared to New York, Norwich has a cost of living index that's 0.8x lower than New York's index of 121.

The standard of living in Norwich ranks as #30 most affordable out of the 336 places we measured in New York. By definition, that implies Norwich ranks as the #306 most expensive place in the Empire State.

For more reading on life in Norwich, check out:

Norwich Cost Of Living Vs. New York

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

  • The Services index in Norwich is 104.

  • The Groceries index in Norwich is 108.

  • The Health index in Norwich is 59.

  • The Housing index in Norwich is 112.

  • The Transportation index in Norwich is 113.

  • The Utilities index in Norwich is 113.

Living Expense Norwich New York National Average
Overall 96 121 100
Services 104 105 100
Groceries 108 108 100
Health 59 143 100
Housing 112 112 100
Transportation 113 114 100
Utilities 113 111 100

Norwich Cost Of Living Compared To New York Averages

Services
Norwich 104
New York avg 105
Groceries
Norwich 108
New York avg 108
Health
Norwich 59
New York avg 143
Housing
Norwich 112
New York avg 112
Transportation
Norwich 113
New York avg 114
Utilities
Norwich 113
New York avg 111

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

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

Norwich, NY Housing Cost Breakdown

$145,101Median Home Value
$867Median Rent
$53,333Median Income

Housing swings affordability the most between places in New York, 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 Norwich is $145,101.

  • The Median Rent in Norwich is $867.

  • The Median Income in Norwich is $53,333.

  • The Home Value To Income in Norwich is 2.7x.

  • The Rent To Monthly Income in Norwich is 0.2x.

Statistic Norwich New York United States
Median Home Value $145,101 $507,794 $332,700
Median Rent $867 $1,621 $1,413
Median Income $53,333 $85,974 $80,734
Home Value To Income 2.7x 5.9x 4.1x
Rent To Monthly Income 0.2x 0.23x 0.21x

Norwich, NY Costs By Category

Detailed Norwich Services costs vs. New York
Item Norwich New York
Shampoo $1.17 $1.28
Movie $11.17 $12.13
Bowling $14.33 $18
Haircut $15.89 $24.26
Beauty Salon $39.0 $45.56
Detailed Norwich Groceries costs vs. New York
Item Norwich New York
Ground Beef $5.84 $5.84
Fried Chicken $1.51 $1.57
Milk $4.8 $4.67
Potatoes $5.11 $4.93
Pizza $12.75 $12.09
Beer $10.36 $10.41
Toothpaste $3.67 $3.7
Detailed Norwich Health costs vs. New York
Item Norwich New York
Optometrist $111.0 $125.68
Doctor $143.15 $135.78
Dentist $118.67 $113.29
Detailed Norwich Transportation costs vs. New York
Item Norwich New York
Gasoline $3.64 $3.46
Tire Balancing $70.72 $59.92
Detailed Norwich Utilities costs vs. New York
Item Norwich New York
All Electricity $215.23 $193.99
Phone $194.79 $192.25

Norwich SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 5/10
Affordability 6/10
Diversity 5/10
Safety 5/10
Amenities 8.5/10
Education 6/10
Commute 8.5/10

Cost Of Living In Cities Around Norwich

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

  • Syracuse, NY has a cost of living index of 96, 1.0x Norwich.

  • Cortland, NY has a cost of living index of 97, 1.0x Norwich.

  • Oneonta, NY has a cost of living index of 101, 1.1x Norwich.

City Population Cost Of Living Vs. Norwich
Syracuse, NY 146,384 96 1.0x
Cortland, NY 17,450 97 1.0x
Oneonta, NY 15,045 101 1.1x
Endicott, NY 13,387 93 1.0x
Endwell, NY 11,546 100 1.0x
Mattydale, NY 5,971 94 1.0x
Westvale, NY 5,212 107 1.1x