Durand, IL vs Norwood, IL

Durand is moderately more affordable than Norwood, with a 7.1% lower cost of living index. Durand scores 64 compared to 69 for Norwood, where the US average is 100. This difference means residents of Norwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Durand is $722/month compared to $1,000/month in Norwood — a 28% difference. Interestingly, home values tell a different story: while Durand has cheaper rent, Norwood actually has lower median home values ($93,500 vs $130,600).

Median household income in Durand is $63,542 compared to $68,750 in Norwood (-7.6%). 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 Durand spend roughly 13.6% of their income on rent, less than the 17.5% in Norwood.