Housing costs in Norwood?
A typical home costs
$125,200, which is 63.0% less expensive than the national average of
$338,100 and 69.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Norwood costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 110.8% cheaper than the state average of
$1,960.
Can I afford Norwood?
To live comfortably in Norwood, New York, a minimum annual income of
$24,120 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Norwood?
Norwood, NY is a very affordable place to live. The cost of living there is actually lower than the national average, making it an excellent choice for those looking to save money. The average home price in Norwood is just under $129,000, with rent prices between $700 and $1,200 per month depending on location. Groceries and other basic necessities are also relatively inexpensive due to the low cost of living. Additionally, there are plenty of entertainment options located nearby that fit any budget. Overall, Norwood is an excellent choice for those looking for a more affordable lifestyle without sacrificing quality of living.