Collinsville, IL vs Glenwood, IL
There is a significant gap in the cost of living between these two cities. Collinsville is 24.6% cheaper than Glenwood. With a cost index of 76 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collinsville to Glenwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Collinsville is $979/month compared to $1,639/month in Glenwood — a 40% difference. Home values follow the same pattern: Collinsville is more affordable at $157,700 median vs $182,900.
Median household income in Collinsville is $65,170 compared to $71,376 in Glenwood (-8.7%). Glenwood does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Collinsville spend roughly 18% of their income on rent, less than the 27.6% in Glenwood.
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