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Norwood, NC vs Rockingham, NC

75
Norwood
North Carolina
VS
+13.6%
66
Rockingham
North Carolina

Rockingham is moderately more affordable than Norwood, with a 13.6% lower cost of living index. Norwood scores 75 compared to 66 for Rockingham, 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 Norwood is $891/month compared to $717/month in Rockingham — a 24% difference. Home values follow the same pattern: Rockingham is more affordable at $133,900 median vs $178,900.

Median household income in Norwood is $57,953 compared to $36,695 in Rockingham (+57.9%). 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 Norwood spend roughly 18.4% of their income on rent, less than the 23.4% in Rockingham.

Income & Cost

Cost of Living Index
Norwood
75
Rockingham
66
12% cheaper
Median Household Income
Norwood
$57,953
37% higher
Rockingham
$36,695

Housing

Median Rent
Norwood
$891
Rockingham
$717
20% cheaper
Median Home Value
Norwood
$178,900
Rockingham
$133,900
25% cheaper
Population
Norwood
3,110
Rockingham
9,094

Salary Equivalency Calculator

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