Cost of Living in Norwood, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
133.3
100 = national avg
+33.3 vs national average
Living Wage (1 Adult)
$58,642
per year
Living Wage (Family of 4)
$138,607
per year
Cost Index by Category
Housing146.3
Food118.1
Transportation136.3
Healthcare114.5
Utilities120.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,520
per month
2 Bedroom
$1,810
per month
The overall cost of living index in Norwood is 133.3, which is 33.3% above the national average. Housing costs are above the national average at an index of 146.3. A single adult needs to earn approximately $58,642 per year to cover basic expenses.