What is the cost of living in Glenwood, IL?
According to the most recent data on the cost of living, Glenwood has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Illinois, Glenwood has a cost of living index that's 1.0x higher than Illinois's index of 98.
The standard of living in Glenwood ranks as #153 most affordable out of the 336 places we measured in Illinois. By definition, that implies Glenwood ranks as the #183 most expensive place in the Prairie State.
For more reading on life in Glenwood, check out:
Glenwood Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Glenwood. Here is how it fares on each of the criteria:
The Services index in Glenwood is 101.
The Groceries index in Glenwood is 101.
The Health index in Glenwood is 102.
The Housing index in Glenwood is 105.
The Transportation index in Glenwood is 99.
The Utilities index in Glenwood is 100.
| Living Expense | Glenwood | Illinois | National Average |
|---|---|---|---|
| Overall | 101 | 98 | 100 |
| Services | 101 | 99 | 100 |
| Groceries | 101 | 99 | 100 |
| Health | 102 | 96 | 100 |
| Housing | 105 | 101 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 100 | 101 | 100 |
Glenwood Cost Of Living Compared To Illinois Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Illinois, check out:
Protect your home budget Compare home warranties in Glenwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Glenwood, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Glenwood is $203,368.
The Median Rent in Glenwood is $1,493.
The Median Income in Glenwood is $77,391.
The Home Value To Income in Glenwood is 2.6x.
The Rent To Monthly Income in Glenwood is 0.23x.
Glenwood, IL Costs By Category
Detailed Glenwood Services costs vs. Illinois
Detailed Glenwood Groceries costs vs. Illinois
Detailed Glenwood Health costs vs. Illinois
Detailed Glenwood Transportation costs vs. Illinois
Glenwood SnackAbility
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:
Orland Park, IL has a cost of living index of 114, 1.1x Glenwood.
Tinley Park, IL has a cost of living index of 111, 1.1x Glenwood.
Lansing, IL has a cost of living index of 93, 0.9x Glenwood.
| City | Population | Cost Of Living | Vs. Glenwood |
|---|---|---|---|
| Orland Park, IL | 57,916 | 114 | 1.1x |
| Tinley Park, IL | 54,842 | 111 | 1.1x |
| Lansing, IL | 28,284 | 93 | 0.9x |
| Oak Forest, IL | 26,805 | 106 | 1.0x |
| Chicago Heights, IL | 26,736 | 92 | 0.9x |
| South Holland, IL | 20,911 | 102 | 1.0x |
| Mokena, IL | 20,021 | 117 | 1.2x |
| Homewood, IL | 19,294 | 100 | 1.0x |
| Palos Hills, IL | 18,081 | 105 | 1.0x |
| Palos Heights, IL | 12,152 | 120 | 1.2x |
