Glencoe, MN vs Winsted, MN

Glencoe, MN and Winsted, MN have a very similar cost of living, with only a 0.6% difference in their overall index. Glencoe scores 78 while Winsted 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 Glencoe is $901/month compared to $797/month in Winsted — a 13% difference. Home values follow the same pattern: Winsted is more affordable at $210,200 median vs $213,100.

Median household income in Glencoe is $63,967 compared to $70,208 in Winsted (-8.9%). Winsted offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Glencoe spend roughly 16.9% of their income on rent, more than the 13.6% in Winsted.

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