Cost of Living in Norwood, NC

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10%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
29%
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 North Carolina National
Cost of living9096100
Groceries98100100
Health care10099100
Housing7188100
Transportation9799100
Utilities9899100
Lifestyle & Entertainment99100100
Household Items99100100
Education & Childcare94100100
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Homes For Sale In Norwood, NC

property for sale

541 Harbor Rd

Norwood, NC
property for sale

431 Eastover Ave

Norwood, NC
property for sale

4255 Plank Rd

Norwood, NC
property for sale

1329 Berry Hill Dr

Norwood, NC

Cost Of Living Quick Facts

  • The cost of living in Norwood is 6% lower than the North Carolina average
  • The cost of living in Norwood is 10% lower than the national average
  • Norwood housing is 29% lower than the national average
  • North Carolina general sales tax is 7% lower than the national average
  • North Carolina state income tax is 83% higher than the national average

Most Affordable Places to Live in and Around Norwood

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Groceries index
      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$77,928$6,494$1,818$2,338
      Renters$72,129$6,011$1,683$2,164

      North Carolina Sales Tax

      State General Sales Tax With Max Surtax
      North Carolina 4.75% 7.5%

      North Carolina Income Tax

      State Income Tax (Low) Income Tax (High)
      North Carolina 4.75% 4.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Ansonville, NC6448515.2%
      Aquadale, NC4288415.7%
      Badin, NC2,0438514.6%
      Millingport, NC4608613.6%
      Troy, NC3,3808812.1%
      Norwood, NC2,9019010.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Holualoa, HI2,901212112.0%
      Tilton Northfield, NH2,901991.0%
      Ferris, TX2,901946.3%
      Moose Lake, MN2,900927.9%
      Delta, OH2,9008613.8%
      Norwood, NC2,9019010.2%
      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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