Norwood, IL vs Philo, IL
Norwood is moderately more affordable than Philo, with a 13.9% lower cost of living index. Norwood scores 69 compared to 80 for Philo, where the US average is 100. This difference means residents of Philo can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Norwood is $1,000/month compared to $1,063/month in Philo — a 6% difference. Home values follow the same pattern: Norwood is more affordable at $93,500 median vs $198,100.
Median household income in Norwood is $68,750 compared to $103,438 in Philo (-33.5%). While Philo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Norwood spend roughly 17.5% of their income on rent, more than the 12.3% in Philo.
Climate-wise, both cities share similar average temperatures (52.7°F vs 52.5°F). Norwood receives more rainfall at 37.6" per year compared to 37" in Philo.
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