Cost of Living in Norwood, MO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.8
100 = national avg
-32.2 vs national average
Living Wage (1 Adult)
$29,838
per year
Living Wage (Family of 4)
$70,525
per year
Cost Index by Category
Housing53.8
Food78.6
Transportation83.7
Healthcare82.9
Utilities77.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$677
per month
2 Bedroom
$888
per month
The overall cost of living index in Norwood is 67.8, which is 32.2% below the national average. Housing costs are below the national average at an index of 53.8. A single adult needs to earn approximately $29,838 per year to cover basic expenses.