Cost of Living in Norwood, MO

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18%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
50%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Norwood Missouri National
Cost of living8290100
Groceries9596100
Health care9397100
Housing5077100
Transportation9696100
Utilities9595100
Lifestyle & Entertainment9495100
Household Items9597100
Education & Childcare10095100
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Homes For Sale In Norwood, MO

property for sale

475 W Norwood St

Norwood, MO
property for sale

Thomas Rd

Norwood, MO
property for sale

W Burnam St

Norwood, MO
property for sale

5991 Old Highway 60

Norwood, MO
See the Newest Homes For Sale In Norwood, MO

Cost Of Living Quick Facts

  • The cost of living in Norwood is 9% lower than the Missouri average
  • The cost of living in Norwood is 18% lower than the national average
  • Norwood housing is 50% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Norwood

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$84,550$7,046$1,973$2,537
      Renters$30,517$2,543$712$916

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Mansfield, MO1,3017822.1%
      Hartville, MO6597821.7%
      Mountain Grove, MO4,8138119.4%
      Ava, MO2,9728316.9%
      Norwood, MO6958218.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bauxite, AR6958415.9%
      North High Shoals, GA69511515.4%
      Sunfield, MI6958910.9%
      Arcadia, OH695919.3%
      Mayesville, SC6958416.2%
      Norwood, MO6958218.2%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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