Granville, IL vs Norwood, IL

Granville, IL and Norwood, IL have a very similar cost of living, with only a 3.3% difference in their overall index. Granville scores 67 while Norwood scores 69 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 Granville is $732/month compared to $1,000/month in Norwood — a 27% difference. Interestingly, home values tell a different story: while Granville has cheaper rent, Norwood actually has lower median home values ($93,500 vs $134,300).

Median household income in Granville is $70,893 compared to $68,750 in Norwood (+3.1%). Granville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Granville spend roughly 12.4% of their income on rent, less than the 17.5% in Norwood.

Climate-wise, Norwood is notably warmer with an average of 52.7°F compared to 47.8°F in Granville. Norwood receives more rainfall at 37.6" per year compared to 37.4" in Granville.