Cost of living in Norwalk, OH — Housing, Rent & Index

All states·Ohio·Norwalk·Cost of living

Housing, rent, and a comparison to the US average.

$212,396
Median home value
$1,459/mo
Median rent
60
Cost index (US=100)
+7.8%
Home YoY change

The median home value in Norwalk, OH is $212,396 as of 2026-04. That places Norwalk below the US average for housing cost, with a cost index of approximately 60 versus a national baseline of 100.

Over the past 12 months, the median home value in Norwalk has climbed 7.8%, and over the past five years it has averaged +5.8% annual growth. The current price sits +0.0% from its 5-year peak in 2026-04.

Renters pay a median of $1,459 per month in Norwalk. Rents have changed — over the last year and averaged — per year over five years.

Beyond housing, day-to-day costs in Norwalk are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$212,396
1-year change+7.8%
5-year CAGR+5.8%
10-year CAGR+5.4%
vs 5-year peak+0.0%

Source: Zillow Home Value Index (ZHVI).

How Norwalk compares

Cost index60 (below US)
Median home vs US (~$355k)-40.2%
Population17,172
Momentum score73 (Rising)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.