Cost of living in Glasgow Village 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 Glasgow Village is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, 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 Glasgow Village is 83, with 100 being the average.
The cost of living index in Glasgow Village is 0.8x lower than the national average.
Glasgow Village ranks as the #19 cheapest in Missouri out of 142.
Glasgow Village ranks as the #306 cheapest out of 6,489 in the US.
The median home value in Glasgow Village is $78,358.
The median income in Glasgow Village is $38,571.
According to the most recent data on the cost of living, Glasgow Village has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Missouri, Glasgow Village has a cost of living index that's 0.9x lower than Missouri's index of 88.
The standard of living in Glasgow Village ranks as #19 most affordable out of the 142 places we measured in Missouri. By definition, that implies Glasgow Village ranks as the #123 most expensive place in the Show Me State.
For more reading on life in Glasgow Village, check out:
Six factors go into calculating the cost of living index in Glasgow Village. Here is how it fairs on each of the criteria:
The Services index in Glasgow Village is 93.
The Groceries index in Glasgow Village is 97.
The Health index in Glasgow Village is 91.
The Housing index in Glasgow Village is 50.
The Transportation index in Glasgow Village is 92.
The Utilities index in Glasgow Village is 104.
| Living Expense | Glasgow Village | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 83 | 88 | 100 | |
| Services | 93 | 93 | 100 | |
| Groceries | 97 | 96 | 100 | |
| Health | 91 | 91 | 100 | |
| Housing | 50 | 78 | 100 | |
| Transportation | 92 | 90 | 100 | |
| Utilities | 104 | 99 | 100 | |
Housing swings affordability the most between places in Missouri, 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 Glasgow Village is $78,358.
The Median Rent in Glasgow Village is $1,113.
The Median Income in Glasgow Village is $38,571.
The Home Value To Income in Glasgow Village is 2.0x.
The Rent To Monthly Income in Glasgow Village is 0.35x.
| Statistic | Glasgow Village | Missouri | United States |
|---|---|---|---|
| Median Home Value | $78,358 | $257,929 | $303,400 |
| Median Rent | $1,113 | $996 | $1,348 |
| Median Income | $38,571 | $68,920 | $78,538 |
| Home Value To Income | 2.0x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.35x | 0.17x | 0.21x |
| Item | Glasgow Village | Missouri |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $11.28 | $12.13 |
| Bowling | $16.92 | $18 |
| Haircut | $21.19 | $24.26 |
| Beauty Salon | $40.57 | $45.56 |
| Item | Glasgow Village | Missouri |
|---|---|---|
| Ground Beef | $6.4 | $5.84 |
| Fried Chicken | $1.36 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.28 | $4.93 |
| Pizza | $10.84 | $12.09 |
| Beer | $9.47 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
| Item | Glasgow Village | Missouri |
|---|---|---|
| Optometrist | $125.72 | $125.68 |
| Doctor | $124.51 | $135.78 |
| Dentist | $100.78 | $113.29 |
| Item | Glasgow Village | Missouri |
|---|---|---|
| Gasoline | $3.2 | $3.46 |
| Tire Balancing | $50.0 | $59.92 |
| Item | Glasgow Village | Missouri |
|---|---|---|
| All Electricity | $133.84 | $193.99 |
| Phone | $188.69 | $192.25 |