Glencoe, AL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Glencoe, AL Summary

Cost of living in Glencoe research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Glencoe is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Alabama, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Glencoe is 85, with 100 being the average.

  • The cost of living index in Glencoe is 0.8x lower than the national average.

  • Glencoe ranks as the #23 cheapest in Alabama out of 115.

  • Glencoe ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Glencoe is $168,400.

  • The median income in Glencoe is $63,060.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Glencoe's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Glencoe, AL?

According to the most recent data on the cost of living, Glencoe has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Alabama, Glencoe has a cost of living index that's 1.0x lower than Alabama's index of 88.

The standard of living in Glencoe ranks as #23 most affordable out of the 115 places we measured in Alabama. By definition, that implies Glencoe ranks as the #92 most expensive place in the Heart of Dixie.

For more reading on life in Glencoe, check out:

23 out of 115
In Alabama
777 out of 6,412
In America

Glencoe Cost Of Living Vs. Alabama

Six factors go into calculating the cost of living index in Glencoe. Here is how it fairs on each of the criteria:

  • The Services index in Glencoe is 87.

  • The Groceries index in Glencoe is 88.

  • The Health index in Glencoe is 82.

  • The Housing index in Glencoe is 63.

  • The Transportation index in Glencoe is 90.

  • The Utilities index in Glencoe is 127.

Living Expense Glencoe Alabama National Average
Overall 85 88 100
Services 87 95 100
Groceries 88 97 100
Health 82 88 100
Housing 63 69 100
Transportation 90 90 100
Utilities 127 101 100
For more reading on cost of living around Alabama, check out:
Glencoe Cost of Living Vs. AL

Glencoe, AL Housing Cost Breakdown

Housing swings affordability the most between places in Alabama, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Glencoe is $168,400.

  • The Median Rent in Glencoe is $710.

  • The Median Income in Glencoe is $63,060.

  • The Home Value To Income in Glencoe is 2.7x.

  • The Rent To Monthly Income in Glencoe is 0.14x.

Statistic Glencoe Alabama United States
Median Home Value $168,400 $157,100 $244,900
Median Rent $710 $852 $1,163
Median Income $63,060 $54,943 $69,021
Home Value To Income 2.7x 2.9x 3.5x
Rent To Monthly Income 0.14x 0.19x 0.2x
Search Homes For Sale In Glencoe, AL
$168,400
Median Home Value
$710
Median Rent
$63,060
Median Income

Glencoe, AL Costs By Category

Detailed Glencoe Services Costs Vs. Alabama

Item Glencoe Alabama
Shampoo $1.0 $1.06
Movie $10.95 $10.68
Bowling $10.0 $14.67
Haircut $14.06 $18.62
Beauty Salon $31.0 $39.05

Detailed Glencoe Groceries Costs Vs. Alabama

Item Glencoe Alabama
Ground Beef $3.44 $4.22
Fried Chicken $1.3 $1.39
Milk $1.54 $2.05
Potatoes $2.7 $3.29
Pizza $10.32 $10.62
Beer $8.1 $9.38
Toothpaste $1.98 $2.34

Detailed Glencoe Health Costs Vs. Alabama

Item Glencoe Alabama
Optometrist $78.37 $108.57
Doctor $82.92 $116.17
Dentist $77.58 $99.13

Detailed Glencoe Transportation Costs Vs. Alabama

Item Glencoe Alabama
Gasoline $1.95 $2.22
Tire Balancing $43.17 $50.07

Detailed Glencoe Utilities Costs Vs. Alabama

Item Glencoe Alabama
All Electricity $246.01 $167.67
Phone $181.81 $175.64

Glencoe SnackAbility

4
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8.5
Diversity
4
Safety
8
Amenities
6
Education
6
Commute
5

Cost Of Living In Cities Around Glencoe

The cost of living varies in the cities and towns around Glencoe. Here's a quick look at the cost of living in the most populous nearby places:

  • Rome, GA has a cost of living index of 90, 1.1x Glencoe.

  • Gadsden, AL has a cost of living index of 81, 1.0x Glencoe.

  • Anniston, AL has a cost of living index of 84, 1.0x Glencoe.

City Population Cost Of Living Vs. Glencoe
Rome, GA 37,509 90 1.1x
Gadsden, AL 34,317 81 1.0x
Anniston, AL 21,455 84 1.0x
Talladega, AL 15,782 80 0.9x
Scottsboro, AL 15,446 92 1.1x
Fort Payne, AL 14,730 85 1.0x
Jacksonville, AL 13,076 86 1.0x
Saks, AL 10,504 83 1.0x
Cedartown, GA 10,091 82 1.0x
Southside, AL 9,253 92 1.1x

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