Here we can see a simple outline of the cost of living in Norwood, MA. As you can see, with the average cost of living in Norwood, MA being 145, that puts it 12% higher than the average of Massachusetts and 45% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Norwood, MA, the price of goods and services are 15% higher than the average of Massachusetts as well as 27% higher than the nation's average.