Carlton, MN vs Glenwood, MN

Carlton, MN and Glenwood, MN have a very similar cost of living, with only a 2% difference in their overall index. Carlton scores 75 while Glenwood scores 74 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 Carlton is $914/month compared to $830/month in Glenwood — a 10% difference. Home values follow the same pattern: Glenwood is more affordable at $181,000 median vs $205,300.

Median household income in Carlton is $61,944 compared to $45,735 in Glenwood (+35.4%). While Carlton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carlton spend roughly 17.7% of their income on rent, less than the 21.8% in Glenwood.