Housing costs in Northwood?
A typical home costs
$156,600, which is 53.7% less expensive than the national average of
$338,100 and 20.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Northwood costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$980.
Can I afford Northwood?
To live comfortably in Northwood, Ohio, a minimum annual income of
$29,880 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Northwood?
The cost of living in Northwood, OH is quite affordable. Compared to the national average, housing costs are 7% lower and goods and services are 6% lower. This makes it an attractive option for families looking to save money on living expenses. Groceries in particular are relatively inexpensive, which helps to stretch family budgets further. With low taxes and a variety of entertainment options nearby, Northwood is an affordable place to live for those who want a comfortable lifestyle without breaking the bank.