Cost of Living in Northwood, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.3
100 = national avg
+8.3 vs national average
Living Wage (1 Adult)
$47,653
per year
Living Wage (Family of 4)
$112,634
per year
Cost Index by Category
Housing102.4
Food108.3
Transportation116.7
Healthcare106.7
Utilities105.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$820
per month
2 Bedroom
$1,076
per month
The overall cost of living index in Northwood is 108.3, which is 8.3% above the national average. Housing costs are above the national average at an index of 102.4. A single adult needs to earn approximately $47,653 per year to cover basic expenses.