Housing costs in Norwood?
A typical home costs
$240,000, which is 29.0% less expensive than the national average of
$338,100 and 1.2% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Norwood costs
$1,240 per month, which is 2.5% more than the national average of
$1,210 and 18.5% cheaper than the state average of
$1,470.
Can I afford Norwood?
To live comfortably in Norwood (zip 19074), Pennsylvania, a minimum annual income of
$46,080 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Norwood?
Living in 19074 Norwood, PA is relatively affordable. The median home value in the area is $143,300 and the median monthly rent is $1,105. The cost of living index for the area is 97, which means it's slightly lower than the national average. Groceries are also reasonably priced in Norwood, with an average cost of 17.31% less than the national average. Additionally, utilities are relatively low and transportation costs are about 8% below the national average. All things considered, living in Norwood can be fairly affordable for those who live there and make it a great place to call home.