Norton, OH Cost Of Living
Cost Of Living In Norton, OH Summary
Cost of living in Norton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Norton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Norton is 95, with 100 being the average.
The cost of living index in Norton is 0.9x lower than the national average.
Norton ranks as the #200 cheapest in Ohio out of 286.
Norton ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Norton is $153,900.
The median income in Norton is $76,513.
Table Of Contents
Norton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Norton, OH?
According to the most recent data on the cost of living, Norton has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Ohio, Norton has a cost of living index that's 1.0x higher than Ohio's index of 91.
The standard of living in Norton ranks as #200 most affordable out of the 286 places we measured in Ohio. By definition, that implies Norton ranks as the #86 most expensive place in the Buckeye State.
For more reading on life in Norton, check out:
- Living In Norton
- Norton Crime Report
- Search Homes For Sale In Norton, OH
In Ohio
In America
Norton Cost Of Living Vs. Ohio
Six factors go into calculating the cost of living index in Norton. Here is how it fairs on each of the criteria:
The Services index in Norton is 99.
The Groceries index in Norton is 104.
The Health index in Norton is 104.
The Housing index in Norton is 81.
The Transportation index in Norton is 93.
The Utilities index in Norton is 99.
| Living Expense | Norton | Ohio | National Average | |
|---|---|---|---|---|
| Overall | 95 | 91 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 104 | 95 | 100 | |
| Housing | 81 | 73 | 100 | |
| Transportation | 93 | 98 | 100 | |
| Utilities | 99 | 93 | 100 | |
Norton, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Norton is $153,900.
The Median Rent in Norton is $1,006.
The Median Income in Norton is $76,513.
The Home Value To Income in Norton is 2.0x.
The Rent To Monthly Income in Norton is 0.16x.
| Statistic | Norton | Ohio | United States |
|---|---|---|---|
| Median Home Value | $153,900 | $159,900 | $244,900 |
| Median Rent | $1,006 | $870 | $1,163 |
| Median Income | $76,513 | $61,938 | $69,021 |
| Home Value To Income | 2.0x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Norton, OH Costs By Category
Detailed Norton Services Costs Vs. Ohio
Detailed Norton Groceries Costs Vs. Ohio
Detailed Norton Health Costs Vs. Ohio
Detailed Norton Transportation Costs Vs. Ohio
Detailed Norton Utilities Costs Vs. Ohio
Norton SnackAbility
/10
Cost Of Living In Cities Around Norton
The cost of living varies in the cities and towns around Norton. Here's a quick look at the cost of living in the most populous nearby places:
Akron, OH has a cost of living index of 87, 0.9x Norton.
Brunswick, OH has a cost of living index of 98, 1.0x Norton.
Stow, OH has a cost of living index of 99, 1.0x Norton.
| City | Population | Cost Of Living | Vs. Norton |
|---|---|---|---|
| Akron, OH | 191,483 | 87 | 0.9x |
| Brunswick, OH | 35,272 | 98 | 1.0x |
| Stow, OH | 34,556 | 99 | 1.0x |
| Kent, OH | 27,912 | 94 | 1.0x |
| Green, OH | 27,267 | 99 | 1.0x |
| Barberton, OH | 25,309 | 88 | 0.9x |
| Wadsworth, OH | 23,789 | 97 | 1.0x |
| Hudson, OH | 23,001 | 124 | 1.3x |
| New Franklin, OH | 13,913 | 91 | 1.0x |
| Brecksville, OH | 13,607 | 114 | 1.2x |
