Housing costs in Norwood?
A typical home costs
$77,700, which is 77.0% less expensive than the national average of
$338,100 and 74.8% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Norwood costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Norwood?
To live comfortably in Norwood, Georgia, a minimum annual income of
$14,760 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Norwood?
The cost of living in Norwood, GA is relatively affordable compared to the national average. According to the Cost of Living Index, the median housing costs and transportation are lower than national averages while utilities and groceries costs are slightly higher. The overall cost of living index is at 91, which indicates that it much lower than the national average. In general, Norwood provides a good balance between affordability and quality of life for those looking to establish roots here.