What is the cost of living in Norwood, OH?
According to the most recent data on the cost of living, Norwood has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Ohio, Norwood has a cost of living index that's 1.0x lower than Ohio's index of 90.
The standard of living in Norwood ranks as #108 most affordable out of the 284 places we measured in Ohio. By definition, that implies Norwood ranks as the #176 most expensive place in the Buckeye State.
For more reading on life in Norwood, check out:
Norwood Cost Of Living Vs. Ohio
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 100.
The Groceries index in Norwood is 98.
The Health index in Norwood is 79.
The Housing index in Norwood is 98.
The Transportation index in Norwood is 95.
The Utilities index in Norwood is 98.
| Living Expense | Norwood | Ohio | National Average |
|---|---|---|---|
| Overall | 89 | 90 | 100 |
| Services | 100 | 97 | 100 |
| Groceries | 98 | 97 | 100 |
| Health | 79 | 75 | 100 |
| Housing | 98 | 97 | 100 |
| Transportation | 95 | 95 | 100 |
| Utilities | 98 | 97 | 100 |
Norwood 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 Norwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Norwood, 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 Norwood is $247,600.
The Median Rent in Norwood is $981.
The Median Income in Norwood is $71,611.
The Home Value To Income in Norwood is 3.5x.
The Rent To Monthly Income in Norwood is 0.16x.
Norwood, OH Costs By Category
Detailed Norwood Services costs vs. Ohio
Detailed Norwood Groceries costs vs. Ohio
Detailed Norwood Health costs vs. Ohio
Detailed Norwood Transportation costs vs. Ohio
Norwood SnackAbility
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:
Cincinnati, OH has a cost of living index of 94, 1.1x Norwood.
Mason, OH has a cost of living index of 117, 1.3x Norwood.
Monfort Heights, OH has a cost of living index of 94, 1.1x Norwood.
| City | Population | Cost Of Living | Vs. Norwood |
|---|---|---|---|
| Cincinnati, OH | 311,224 | 94 | 1.1x |
| Mason, OH | 35,509 | 117 | 1.3x |
| Monfort Heights, OH | 12,441 | 94 | 1.1x |
| Mack, OH | 11,516 | 104 | 1.2x |
| Montgomery, OH | 10,855 | 122 | 1.4x |
| Forestville, OH | 10,831 | 106 | 1.2x |
| Madeira, OH | 9,484 | 118 | 1.3x |
| Wyoming, OH | 8,723 | 116 | 1.3x |
| Dry Run, OH | 7,687 | 116 | 1.3x |
| Covedale, OH | 6,500 | 96 | 1.1x |
