Alexandria, MN vs Glencoe, MN

Alexandria, MN and Glencoe, MN have a very similar cost of living, with only a 3.8% difference in their overall index. Alexandria scores 81 while Glencoe scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Alexandria is $907/month compared to $901/month in Glencoe — a 1% difference. Home values follow the same pattern: Glencoe is more affordable at $213,100 median vs $247,200.

Median household income in Alexandria is $61,558 compared to $63,967 in Glencoe (-3.8%). Glencoe offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alexandria spend roughly 17.7% of their income on rent, more than the 16.9% in Glencoe.