Norwood, IL vs Smithfield, IL

Norwood is moderately more affordable than Smithfield, with a 11.3% lower cost of living index. Norwood scores 69 compared to 78 for Smithfield, where the US average is 100. This difference means residents of Smithfield 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 $52,000 in Smithfield, a 80% gap.

Median household income in Norwood is $68,750 compared to $61,250 in Smithfield (+12.2%). Norwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (52.7°F vs 52.7°F). Smithfield receives more rainfall at 37.6" per year compared to 37.6" in Norwood.