Cost of living in Norwalk 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 Norwalk is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Norwalk is 88, with 100 being the average.
The cost of living index in Norwalk is 0.9x lower than the national average.
Norwalk ranks as the #73 cheapest in Ohio out of 289.
Norwalk ranks as the #912 cheapest out of 6,489 in the US.
The median home value in Norwalk is $207,238.
The median income in Norwalk is $58,940.
According to the most recent data on the cost of living, Norwalk has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Ohio, Norwalk has a cost of living index that's 0.9x lower than Ohio's index of 93.
The standard of living in Norwalk ranks as #73 most affordable out of the 289 places we measured in Ohio. By definition, that implies Norwalk ranks as the #216 most expensive place in the Buckeye State.
For more reading on life in Norwalk, check out:
Six factors go into calculating the cost of living index in Norwalk. Here is how it fairs on each of the criteria:
The Services index in Norwalk is 91.
The Groceries index in Norwalk is 103.
The Health index in Norwalk is 96.
The Housing index in Norwalk is 74.
The Transportation index in Norwalk is 99.
The Utilities index in Norwalk is 101.
| Living Expense | Norwalk | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 88 | 93 | 100 | |
| Services | 91 | 101 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 96 | 97 | 100 | |
| Housing | 74 | 74 | 100 | |
| Transportation | 99 | 102 | 100 | |
| Utilities | 101 | 100 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Norwalk is $207,238.
The Median Rent in Norwalk is $804.
The Median Income in Norwalk is $58,940.
The Home Value To Income in Norwalk is 3.5x.
The Rent To Monthly Income in Norwalk is 0.16x.
The cost of living varies in the cities and towns around Norwalk. Here's a quick look at the cost of living in the most populous nearby places:
Sandusky, OH has a cost of living index of 85, 1.0x Norwalk.
Vermilion, OH has a cost of living index of 93, 1.1x Norwalk.
Bellevue, OH has a cost of living index of 87, 1.0x Norwalk.
| City | Population | Cost Of Living | Vs. Norwalk |
|---|---|---|---|
| Sandusky, OH | 24,748 | 85 | 1.0x |
| Vermilion, OH | 10,451 | 93 | 1.1x |
| Bellevue, OH | 8,201 | 87 | 1.0x |
| Huron, OH | 6,824 | 93 | 1.1x |
| Clyde, OH | 6,322 | 86 | 1.0x |
| Willard, OH | 6,174 | 87 | 1.0x |