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Norwood, IL vs Smithboro, IL

69
Norwood
Illinois
VS
-12.5%
79
Smithboro
Illinois

Norwood is moderately more affordable than Smithboro, with a 12.5% lower cost of living index. Norwood scores 69 compared to 79 for Smithboro, where the US average is 100. This difference means residents of Smithboro can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Norwood are $93,500 compared to $70,000 in Smithboro, a 34% gap.

Median household income in Norwood is $68,750 compared to $27,500 in Smithboro (+150%). Norwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Smithboro is notably warmer with an average of 57.7°F compared to 52.7°F in Norwood. Smithboro receives more rainfall at 43.4" per year compared to 37.6" in Norwood.

Income & Cost

Cost of Living Index
Norwood
69
13% cheaper
Smithboro
79
Median Household Income
Norwood
$68,750
60% higher
Smithboro
$27,500

Housing

Median Rent
Norwood
$1,000
Smithboro
Median Home Value
Norwood
$93,500
Smithboro
$70,000
25% cheaper
Population
Norwood
501
Smithboro
171

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Norwood $2.85
Smithboro $3.03
US $3.07
🥚
Eggs (grade A, large)
Norwood $2.33
Smithboro $2.47
US $2.50
🥛
Milk (whole)
Norwood $3.75
Smithboro $3.97
US $4.03
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Bread (white)
Norwood $1.72
Smithboro $1.83
US $1.85
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Chicken breast
Norwood $3.86
Smithboro $4.09
US $4.14
Electricity
Norwood $0.17
Smithboro $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Norwood 52.7°F
Smithboro 57.7°F
Summer High
Norwood 86°F
Smithboro 90°F
Winter Low
Norwood 18°F
Smithboro 24°F
Rainfall
Norwood 37.6"
Smithboro 43.4"
Rainy Days
Norwood 117d
Smithboro 100d