Glenwood, IA Cost Of Living

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

Cost Of Living In Glenwood, IA Summary

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 89, with 100 being the average.

  • The cost of living index in Glenwood is 0.9x lower than the national average.

  • Glenwood ranks as the #42 cheapest in Iowa out of 80.

  • Glenwood ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Glenwood is $161,900.

  • The median income in Glenwood is $66,691.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Glenwood's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Glenwood, IA?

According to the most recent data on the cost of living, Glenwood has an overall cost of living index of 89, 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 lower than Iowa's index of 89.

The standard of living in Glenwood ranks as #42 most affordable out of the 80 places we measured in Iowa. By definition, that implies Glenwood ranks as the #38 most expensive place in the Hawkeye State.

For more reading on life in Glenwood, check out:

42 out of 80
In Iowa
1,460 out of 6,412
In America

Glenwood Cost Of Living Vs. Iowa

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 96.

  • The Groceries index in Glenwood is 101.

  • The Health index in Glenwood is 96.

  • The Housing index in Glenwood is 68.

  • The Transportation index in Glenwood is 93.

  • The Utilities index in Glenwood is 97.

Living Expense Glenwood Iowa National Average
Overall 89 89 100
Services 96 95 100
Groceries 101 98 100
Health 96 99 100
Housing 68 73 100
Transportation 93 98 100
Utilities 97 94 100
For more reading on cost of living around Iowa, check out:
Glenwood Cost of Living Vs. IA

Glenwood, IA Housing Cost Breakdown

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 2017-2021. The key points are:

  • The Median Home Value in Glenwood is $161,900.

  • The Median Rent in Glenwood is $701.

  • The Median Income in Glenwood is $66,691.

  • The Home Value To Income in Glenwood is 2.4x.

  • The Rent To Monthly Income in Glenwood is 0.13x.

Statistic Glenwood Iowa United States
Median Home Value $161,900 $160,700 $244,900
Median Rent $701 $845 $1,163
Median Income $66,691 $65,429 $69,021
Home Value To Income 2.4x 2.5x 3.5x
Rent To Monthly Income 0.13x 0.15x 0.2x
Search Homes For Sale In Glenwood, IA
$161,900
Median Home Value
$701
Median Rent
$66,691
Median Income

Glenwood, IA Costs By Category

Detailed Glenwood Services Costs Vs. Iowa

Item Glenwood Iowa
Shampoo $0.94 $1.06
Movie $10.64 $10.68
Bowling $15.57 $14.67
Haircut $17.96 $18.62
Beauty Salon $34.01 $39.05

Detailed Glenwood Groceries Costs Vs. Iowa

Item Glenwood Iowa
Ground Beef $4.58 $4.22
Fried Chicken $1.24 $1.39
Milk $2.0 $2.05
Potatoes $4.03 $3.29
Pizza $10.01 $10.62
Beer $8.97 $9.38
Toothpaste $2.38 $2.34

Detailed Glenwood Health Costs Vs. Iowa

Item Glenwood Iowa
Optometrist $114.83 $108.57
Doctor $119.0 $116.17
Dentist $78.66 $99.13

Detailed Glenwood Transportation Costs Vs. Iowa

Item Glenwood Iowa
Gasoline $2.07 $2.22
Tire Balancing $49.36 $50.07

Detailed Glenwood Utilities Costs Vs. Iowa

Item Glenwood Iowa
All Electricity $146.44 $167.67
Phone $194.43 $175.64

Glenwood SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8.5
Diversity
4
Safety
6
Amenities
8
Education
7
Commute
9

Cost Of Living In Cities Around Glenwood

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 94, 1.1x Glenwood.

  • Council Bluffs, IA has a cost of living index of 90, 1.0x Glenwood.

  • Bartlett, IL has a cost of living index of 117, 1.3x Glenwood.

City Population Cost Of Living Vs. Glenwood
Bellevue, NE 62,888 94 1.1x
Council Bluffs, IA 62,617 90 1.0x
Bartlett, IL 41,126 117 1.3x
Papillion, NE 23,875 96 1.1x
Plattsmouth, NE 6,558 88 1.0x
Ralston, NE 6,453 89 1.0x
Offutt AFB, NE 5,375 101 1.1x

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