Norwood, PA 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, Pennsylvania

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 Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

100 Cost of living index 1.0x lower vs US
#156 Cheapest in Pennsylvania (of 253)
#2,497 Cheapest in the U.S. (of 6,489)
$287,953 Median home value
$1,409 Median rent
$96,134 Median income
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What is the cost of living in Norwood, PA?

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

Compared to Pennsylvania, Norwood has a cost of living index that's 1.0x higher than Pennsylvania's index of 97.

The standard of living in Norwood ranks as #156 most affordable out of the 253 places we measured in Pennsylvania. By definition, that implies Norwood ranks as the #97 most expensive place in the Keystone State.

For more reading on life in Norwood, check out:

Norwood Cost Of Living Vs. Pennsylvania

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 101.

  • The Groceries index in Norwood is 99.

  • The Health index in Norwood is 96.

  • The Housing index in Norwood is 95.

  • The Transportation index in Norwood is 96.

  • The Utilities index in Norwood is 103.

Living Expense Norwood Pennsylvania National Average
Overall 100 97 100
Services 101 99 100
Groceries 99 100 100
Health 96 88 100
Housing 95 102 100
Transportation 96 100 100
Utilities 103 101 100

Norwood Cost Of Living Compared To Pennsylvania Averages

Services
Norwood 101
Pennsylvania avg 99
Groceries
Norwood 99
Pennsylvania avg 100
Health
Norwood 96
Pennsylvania avg 88
Housing
Norwood 95
Pennsylvania avg 102
Transportation
Norwood 96
Pennsylvania avg 100
Utilities
Norwood 103
Pennsylvania avg 101

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

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

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

Norwood, PA Housing Cost Breakdown

$287,953Median Home Value
$1,409Median Rent
$96,134Median Income

Housing swings affordability the most between places in Pennsylvania, 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 $287,953.

  • The Median Rent in Norwood is $1,409.

  • The Median Income in Norwood is $96,134.

  • The Home Value To Income in Norwood is 3.0x.

  • The Rent To Monthly Income in Norwood is 0.18x.

Statistic Norwood Pennsylvania United States
Median Home Value $287,953 $282,735 $332,700
Median Rent $1,409 $1,209 $1,413
Median Income $96,134 $77,971 $80,734
Home Value To Income 3.0x 3.6x 4.1x
Rent To Monthly Income 0.18x 0.19x 0.21x

Norwood, PA Costs By Category

Detailed Norwood Services costs vs. Pennsylvania
Item Norwood Pennsylvania
Shampoo $1.52 $1.28
Movie $13.75 $12.13
Bowling $19.47 $18
Haircut $23.54 $24.26
Beauty Salon $66.27 $45.56
Detailed Norwood Groceries costs vs. Pennsylvania
Item Norwood Pennsylvania
Ground Beef $5.76 $5.84
Fried Chicken $1.46 $1.57
Milk $4.67 $4.67
Potatoes $5.37 $4.93
Pizza $11.73 $12.09
Beer $11.99 $10.41
Toothpaste $3.65 $3.7
Detailed Norwood Health costs vs. Pennsylvania
Item Norwood Pennsylvania
Optometrist $123.5 $125.68
Doctor $132.56 $135.78
Dentist $103.31 $113.29
Detailed Norwood Transportation costs vs. Pennsylvania
Item Norwood Pennsylvania
Gasoline $3.53 $3.46
Tire Balancing $70.89 $59.92
Detailed Norwood Utilities costs vs. Pennsylvania
Item Norwood Pennsylvania
All Electricity $222.45 $193.99
Phone $198.27 $192.25

Norwood SnackAbility

6Overall SnackAbility
Jobs 7/10
Housing 8/10
Affordability 8.5/10
Diversity 6/10
SafetyN/A
Amenities 8.5/10
Education 7/10
Commute 8/10

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:

  • Springdale, NJ has a cost of living index of 125, 1.2x Norwood.

  • Ardmore, PA has a cost of living index of 127, 1.3x Norwood.

  • Greentree, NJ has a cost of living index of 135, 1.4x Norwood.

City Population Cost Of Living Vs. Norwood
Springdale, NJ 15,173 125 1.2x
Ardmore, PA 13,909 127 1.3x
Greentree, NJ 11,537 135 1.4x
Ashland, NJ 9,320 122 1.2x
Collingdale, PA 8,897 96 1.0x
Folsom, PA 8,671 107 1.1x
Glenside, PA 7,659 115 1.1x
Ridley Park, PA 7,261 104 1.0x
Glenolden, PA 7,220 99 1.0x
Folcroft, PA 6,772 95 0.9x