Cost of living in Glenwood 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 Glenwood is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, 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 Glenwood is 94, with 100 being the average.
The cost of living index in Glenwood is 0.9x lower than the national average.
Glenwood ranks as the #57 cheapest in Iowa out of 85.
Glenwood ranks as the #1,806 cheapest out of 6,489 in the US.
The median home value in Glenwood is $313,215.
The median income in Glenwood is $69,320.
According to the most recent data on the cost of living, Glenwood has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Iowa, Glenwood has a cost of living index that's 1.0x higher than Iowa's index of 90.
The standard of living in Glenwood ranks as #57 most affordable out of the 85 places we measured in Iowa. By definition, that implies Glenwood ranks as the #28 most expensive place in the Hawkeye State.
For more reading on life in Glenwood, check out:
Six factors go into calculating the cost of living index in Glenwood. Here is how it fairs on each of the criteria:
The Services index in Glenwood is 98.
The Groceries index in Glenwood is 100.
The Health index in Glenwood is 89.
The Housing index in Glenwood is 80.
The Transportation index in Glenwood is 100.
The Utilities index in Glenwood is 98.
| Living Expense | Glenwood | Iowa | National Average | |
|---|---|---|---|---|
| Overall | 94 | 90 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 100 | 97 | 100 | |
| Health | 89 | 99 | 100 | |
| Housing | 80 | 75 | 100 | |
| Transportation | 100 | 99 | 100 | |
| Utilities | 98 | 94 | 100 | |
Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Glenwood is $313,215.
The Median Rent in Glenwood is $842.
The Median Income in Glenwood is $69,320.
The Home Value To Income in Glenwood is 4.5x.
The Rent To Monthly Income in Glenwood is 0.15x.
The cost of living varies in the cities and towns around Glenwood. Here's a quick look at the cost of living in the most populous nearby places:
Bellevue, NE has a cost of living index of 96, 1.0x Glenwood.
Council Bluffs, IA has a cost of living index of 91, 1.0x Glenwood.
Bartlett, IL has a cost of living index of 122, 1.3x Glenwood.
| City | Population | Cost Of Living | Vs. Glenwood |
|---|---|---|---|
| Bellevue, NE | 64,355 | 96 | 1.0x |
| Council Bluffs, IA | 62,564 | 91 | 1.0x |
| Bartlett, IL | 40,531 | 122 | 1.3x |
| Papillion, NE | 24,063 | 100 | 1.1x |
| Plattsmouth, NE | 6,680 | 91 | 1.0x |
| Ralston, NE | 6,445 | 96 | 1.0x |
| Offutt AFB, NE | 5,663 | 108 | 1.1x |