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Clarks, LA vs Norwood, LA

59
Clarks
Louisiana
VS
-29.6%
84
Norwood
Louisiana

There is a significant gap in the cost of living between these two cities. Clarks is 29.6% cheaper than Norwood. With a cost index of 59 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Clarks to Norwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Clarks is $780/month compared to $1,098/month in Norwood — a 29% difference. Home values follow the same pattern: Clarks is more affordable at $56,800 median vs $233,100.

Median household income in Clarks is $28,938 compared to $43,370 in Norwood (-33.3%). While Norwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clarks spend roughly 32.3% of their income on rent, more than the 30.4% in Norwood. The Norwood ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Clarks
59
30% cheaper
Norwood
84
Median Household Income
Clarks
$28,938
Norwood
$43,370
33% higher

Housing

Median Rent
Clarks
$780
29% cheaper
Norwood
$1,098
Median Home Value
Clarks
$56,800
76% cheaper
Norwood
$233,100
Population
Clarks
708
Norwood
250

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clarks
Norwood $2.85
US $3.07
🥚
Eggs (grade A, large)
Clarks
Norwood $2.33
US $2.50
🥛
Milk (whole)
Clarks
Norwood $3.74
US $4.03
🍞
Bread (white)
Clarks
Norwood $1.72
US $1.85
🍗
Chicken breast
Clarks
Norwood $3.85
US $4.14
Electricity
Clarks
Norwood $0.15
US $0.19