Cuyahoga Falls, OH vs Norwood, OH
Cuyahoga Falls, OH and Norwood, OH have a very similar cost of living, with only a 2.1% difference in their overall index. Cuyahoga Falls scores 78 while Norwood scores 80 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Cuyahoga Falls is $1,029/month compared to $925/month in Norwood — a 11% difference. Interestingly, home values tell a different story: while Norwood has cheaper rent, Cuyahoga Falls actually has lower median home values ($174,700 vs $228,300).
Median household income in Cuyahoga Falls is $70,645 compared to $64,724 in Norwood (+9.1%). Cuyahoga Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cuyahoga Falls spend roughly 17.5% of their income on rent, more than the 17.1% in Norwood.
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