Glencoe, MN vs Olivia, MN

Olivia is moderately more affordable than Glencoe, with a 13.8% lower cost of living index. Glencoe scores 78 compared to 69 for Olivia, where the US average is 100. This difference means residents of Glencoe can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Glencoe is $901/month compared to $740/month in Olivia — a 22% difference. Home values follow the same pattern: Olivia is more affordable at $156,600 median vs $213,100.

Median household income in Glencoe is $63,967 compared to $62,683 in Olivia (+2%). Glencoe 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 Glencoe spend roughly 16.9% of their income on rent, more than the 14.2% in Olivia.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.4°F). Glencoe receives more rainfall at 30.6" per year compared to 28" in Olivia.