Cost of Living in Norwood, MA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

179.0

100 = national avg

+79.0 vs national average

Living Wage (1 Adult)

$78,738

per year

Living Wage (Family of 4)

$186,108

per year

Cost Index by Category

Housing
262.1
Food
124.2
Transportation
131.3
Healthcare
119.4
Utilities
146.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,761

per month

2 Bedroom

$2,311

per month

The overall cost of living index in Norwood is 179.0, which is 79.0% above the national average. Housing costs are above the national average at an index of 262.1. A single adult needs to earn approximately $78,738 per year to cover basic expenses.