Cost of Living in Norwood, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
159.8
100 = national avg
+59.8 vs national average
Living Wage (1 Adult)
$70,329
per year
Living Wage (Family of 4)
$166,233
per year
Cost Index by Category
Housing185.9
Food131.5
Transportation163.1
Healthcare125.2
Utilities136.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,047
per month
2 Bedroom
$1,272
per month
The overall cost of living index in Norwood is 159.8, which is 59.8% above the national average. Housing costs are above the national average at an index of 185.9. A single adult needs to earn approximately $70,329 per year to cover basic expenses.