| Index | Norton | Ohio | National |
| Cost of living | 93 | 89 | 100 |
| Groceries | 98 | 97 | 100 |
| Health care | 97 | 96 | 100 |
| Housing | 91 | 74 | 100 |
| Transportation | 92 | 96 | 100 |
| Utilities | 99 | 96 | 100 |
| Lifestyle & Entertainment | 89 | 95 | 100 |
| Household Items | 93 | 97 | 100 |
| Education & Childcare | 88 | 93 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Norton? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Norton stands at 93, making it 7% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Norton are priced in a manner consistent with other areas. This means that residents of Norton can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
Is Norton affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Norton, for instance, where the median home price falls 14% lower than the national average, and monthly rent rates are 2.5% higher than usual. Additionally, median income levels contribute to the equation, with Norton flaunting a median household income of $107,683, 32.4% higher than the national norm.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Norton, the housing index comes in at 9% lower than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Norton, the baseline sales tax rate begins at 5.75%, and income tax rates start at 2.76%.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Norton comes in at 0.8% lower than the national average.
The Norton cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $117,034 | $9,753 | $2,731 | $3,511 |
| Renters | $63,473 | $5,289 | $1,481 | $1,904 |
| State | General Sales Tax | With Max Surtax |
| Ohio | 5.75% | 8% |
| State | Income Tax (Low) | Income Tax (High) |
| Ohio | 2.76% | 3.99% |
| City | Population | Cost of Living Index | National Avg. |
| Sawyerwood, OH | 1,645 | 79 | 21.4% |
| North Lawrence, OH | 222 | 82 | 18.4% |
| Akron, OH | 203,042 | 83 | 17.0% |
| Barberton, OH | 26,844 | 83 | 16.7% |
| Sterling, OH | 354 | 84 | 15.8% |
| Norton, OH | 12,365 | 93 | 6.7% |
| City | Population | Cost of Living Index | National Avg. |
| Lansing, KS | 12,363 | 98 | 2.3% |
| Clawson, MI | 12,368 | 99 | 0.9% |
| Wellesley, ON | 12,358 | n/a | |
| Myrtle Grove, NC | 12,355 | 115 | 15.2% |
| Neosho, MO | 12,375 | 84 | 15.8% |
| Norton, OH | 12,365 | 93 | 6.7% |
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