What is the cost of living in Northwood, OH?
According to the most recent data on the cost of living, Northwood has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Ohio, Northwood has a cost of living index that's 1.0x lower than Ohio's index of 90.
The standard of living in Northwood ranks as #80 most affordable out of the 284 places we measured in Ohio. By definition, that implies Northwood ranks as the #204 most expensive place in the Buckeye State.
For more reading on life in Northwood, check out:
Northwood Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Northwood. Here is how it fares on each of the criteria:
The Services index in Northwood is 100.
The Groceries index in Northwood is 96.
The Health index in Northwood is 75.
The Housing index in Northwood is 92.
The Transportation index in Northwood is 94.
The Utilities index in Northwood is 92.
| Living Expense | Northwood | Ohio | National Average |
|---|---|---|---|
| Overall | 87 | 90 | 100 |
| Services | 100 | 97 | 100 |
| Groceries | 96 | 97 | 100 |
| Health | 75 | 75 | 100 |
| Housing | 92 | 97 | 100 |
| Transportation | 94 | 95 | 100 |
| Utilities | 92 | 97 | 100 |
Northwood Cost Of Living Compared To Ohio Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Ohio, check out:
Protect your home budget Compare home warranties in Northwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Northwood, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, 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 Northwood is $177,941.
The Median Rent in Northwood is $965.
The Median Income in Northwood is $77,268.
The Home Value To Income in Northwood is 2.3x.
The Rent To Monthly Income in Northwood is 0.15x.
Northwood, OH Costs By Category
Detailed Northwood Services costs vs. Ohio
Detailed Northwood Groceries costs vs. Ohio
Detailed Northwood Health costs vs. Ohio
Detailed Northwood Transportation costs vs. Ohio
Northwood SnackAbility
Cost Of Living In Cities Around Northwood
The cost of living varies in the cities and towns around Northwood. Here's a quick look at the cost of living in the most populous nearby places:
Toledo, OH has a cost of living index of 85, 1.0x Northwood.
Bowling Green, OH has a cost of living index of 95, 1.1x Northwood.
Perrysburg, OH has a cost of living index of 101, 1.2x Northwood.
| City | Population | Cost Of Living | Vs. Northwood |
|---|---|---|---|
| Toledo, OH | 267,463 | 85 | 1.0x |
| Bowling Green, OH | 29,983 | 95 | 1.1x |
| Perrysburg, OH | 25,181 | 101 | 1.2x |
| Oregon, OH | 19,799 | 89 | 1.0x |
| Sylvania, OH | 19,055 | 96 | 1.1x |
| Maumee, OH | 13,715 | 93 | 1.1x |
| Lambertville, MI | 9,955 | 97 | 1.1x |
| Temperance, MI | 8,914 | 93 | 1.1x |
| Rossford, OH | 6,323 | 88 | 1.0x |
| Waterville, OH | 6,017 | 100 | 1.1x |
