Glencoe, MN Cost Of Living

The latest cost of living statistics for Glencoe. Includes statistics on rent, mortgages, healthcare, and other costs for Glencoe compared to the state and national averages.

Cost of living in Glencoe, Minnesota

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 Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

96 Cost of living index 1.0x lower vs US
#24 Cheapest in Minnesota (of 151)
#1,959 Cheapest in the U.S. (of 6,489)
$246,914 Median home value
$1,101 Median rent
$71,356 Median income
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What is the cost of living in Glencoe, MN?

According to the most recent data on the cost of living, Glencoe has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.

Compared to Minnesota, Glencoe has a cost of living index that's 1.0x lower than Minnesota's index of 101.

The standard of living in Glencoe ranks as #24 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Glencoe ranks as the #127 most expensive place in the North Star State.

For more reading on life in Glencoe, check out:

Glencoe Cost Of Living Vs. Minnesota

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

  • The Services index in Glencoe is 98.

  • The Groceries index in Glencoe is 101.

  • The Health index in Glencoe is 87.

  • The Housing index in Glencoe is 98.

  • The Transportation index in Glencoe is 99.

  • The Utilities index in Glencoe is 99.

Living Expense Glencoe Minnesota National Average
Overall 96 101 100
Services 98 101 100
Groceries 101 99 100
Health 87 99 100
Housing 98 101 100
Transportation 99 103 100
Utilities 99 101 100

Glencoe Cost Of Living Compared To Minnesota Averages

Services
Glencoe 98
Minnesota avg 101
Groceries
Glencoe 101
Minnesota avg 99
Health
Glencoe 87
Minnesota avg 99
Housing
Glencoe 98
Minnesota avg 101
Transportation
Glencoe 99
Minnesota avg 103
Utilities
Glencoe 99
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Glencoe, MN Housing Cost Breakdown

$246,914Median Home Value
$1,101Median Rent
$71,356Median Income

Housing swings affordability the most between places in Minnesota, 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 Glencoe is $246,914.

  • The Median Rent in Glencoe is $1,101.

  • The Median Income in Glencoe is $71,356.

  • The Home Value To Income in Glencoe is 3.5x.

  • The Rent To Monthly Income in Glencoe is 0.19x.

Statistic Glencoe Minnesota United States
Median Home Value $246,914 $346,667 $332,700
Median Rent $1,101 $1,280 $1,413
Median Income $71,356 $89,062 $80,734
Home Value To Income 3.5x 3.9x 4.1x
Rent To Monthly Income 0.19x 0.17x 0.21x

Glencoe, MN Costs By Category

Detailed Glencoe Services costs vs. Minnesota
Item Glencoe Minnesota
Shampoo $1.45 $1.28
Movie $10.06 $12.13
Bowling $15.0 $18
Haircut $25.06 $24.26
Beauty Salon $40.42 $45.56
Detailed Glencoe Groceries costs vs. Minnesota
Item Glencoe Minnesota
Ground Beef $5.78 $5.84
Fried Chicken $1.41 $1.57
Milk $4.58 $4.67
Potatoes $4.68 $4.93
Pizza $12.97 $12.09
Beer $9.18 $10.41
Toothpaste $3.74 $3.7
Detailed Glencoe Health costs vs. Minnesota
Item Glencoe Minnesota
Optometrist $144.1 $125.68
Doctor $181.22 $135.78
Dentist $110.22 $113.29
Detailed Glencoe Transportation costs vs. Minnesota
Item Glencoe Minnesota
Gasoline $3.31 $3.46
Tire Balancing $54.83 $59.92
Detailed Glencoe Utilities costs vs. Minnesota
Item Glencoe Minnesota
All Electricity $169.27 $193.99
Phone $191.1 $192.25

Glencoe SnackAbility

5Overall SnackAbility
Jobs 8.5/10
Housing 7/10
Affordability 8/10
Diversity 8/10
Safety 8/10
Amenities 8/10
Education 5/10
Commute 5/10

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:

  • Plymouth, MN has a cost of living index of 124, 1.3x Glencoe.

  • Lakeville, MN has a cost of living index of 122, 1.3x Glencoe.

  • Maple Grove, MN has a cost of living index of 117, 1.2x Glencoe.

City Population Cost Of Living Vs. Glencoe
Plymouth, MN 79,220 124 1.3x
Lakeville, MN 74,354 122 1.3x
Maple Grove, MN 71,173 117 1.2x
Eden Prairie, MN 63,051 128 1.3x
Edina, MN 53,262 141 1.5x
Minnetonka, MN 53,064 127 1.3x
Champlin, MN 23,294 111 1.2x
Rogers, MN 13,685 124 1.3x
Minnetrista, MN 8,708 147 1.5x
Shorewood, MN 7,647 148 1.5x