Housing costs in Norwood?
A typical home costs
$247,600, which is 26.8% less expensive than the national average of
$338,100 and 2.0% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Norwood costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 5.5% more than the state average of
$1,210.
Can I afford Norwood?
To live comfortably in Norwood, Pennsylvania, a minimum annual income of
$47,520 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Norwood?
The cost of living in Norwood, PA is fairly affordable compared to many other cities. The median home price is around $157,000, which is lower than the US average. Additionally, the overall cost of living index is 7% below the US average. This means that groceries, housing, utilities and healthcare are all more affordable than they may be in other places. Renters will also find plenty of options at reasonable prices as well. All in all, Norwood provides a great value for those looking for an affordable place to live with easy access to Philadelphia and its suburbs.