Glencoe, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
91
Glencoe's Overall Cost Of Living
0.9x
Lower Than The National Average
15 out of 147
In Minnesota
1,804 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Glencoe is expensive, while a number below 100 means it's a relatively cheap place to live.

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 91 which is 0.9x lower than the national index of 100.

Compared to only Minnesota, Glencoe has a cost of living index that's 0.9x lower than Minnesota's index of 104.

The standard of living in Glencoe ranks as #1,804 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Glencoe ranks as the #4,614 most expensive place in the North Star State.

For more reading on life in Glencoe, check out:

Glencoe Cost Of Living Vs. Minnesota

Living Expense Glencoe Minnesota National Average
Overall 91 104 100
Services 97 106 100
Groceries 104 102 100
Health 121 113 100
Housing 72 101 100
Transportation 100 102 100
Utilities 98 98 100
For more reading on cost of living around Minnesota, check out:
Glencoe Cost of Living Vs. MN

Glencoe, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$163,600
Median Home Value
$822
Median Rent
$60,609
Median Income
Statistic Glencoe Minnesota United States
Median Home Value $163,600 $235,700 $229,800
Median Rent $822 $1,010 $1,096
Median Income $60,609 $73,382 $64,994
Home Value To Income 2.7x 3.2x 3.5x
Rent To Monthly Income 0.16x 0.17x 0.2x

Detailed Glencoe Services Costs Vs. Minnesota

Item Glencoe Minnesota
Shampoo $0.92 $1.06
Movie $8.83 $10.68
Bowling $9.17 $14.67

Detailed Glencoe Groceries Costs Vs. Minnesota

Item Glencoe Minnesota
Ground Beef $4.86 $4.22
Fried Chicken $1.64 $1.39
Milk $2.14 $2.05

Detailed Glencoe Health Costs Vs. Minnesota

Item Glencoe Minnesota
Haircut $21.16 $18.62
Beauty Salon $30.55 $39.05
Toothpaste $2.27 $2.34

Detailed Glencoe Transportation Costs Vs. Minnesota

Item Glencoe Minnesota
Potatoes $3.84 $3.29
Pizza $11.66 $10.62
Beer $8.98 $9.38
Optometrist $125.17 $108.57
Doctor $204.33 $116.17
Dentist $101.0 $99.13

Detailed Glencoe Utilities Costs Vs. Minnesota

Item Glencoe Minnesota
Gasoline $2.2 $2.22
Tire Balancing $47.72 $50.07
All Electricity $157.58 $167.67
Phone $182.1 $175.64

Glencoe SnackAbility

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

Cost Of Living In Cities Around Glencoe

City Population Cost Of Living Vs. Glencoe
Plymouth, MN 78,879 122 1.3x
Maple Grove, MN 71,569 117 1.3x
Lakeville, MN 65,710 116 1.3x
Eden Prairie, MN 64,481 121 1.3x
Minnetonka, MN 53,760 121 1.3x
Edina, MN 52,215 135 1.5x
Champlin, MN 24,980 110 1.2x
Rogers, MN 13,183 120 1.3x
Minnetrista, MN 7,989 146 1.6x
Shorewood, MN 7,939 134 1.5x

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