Glenwood, AL vs Pennington, AL
There is a significant gap in the cost of living between these two cities. Pennington is 17% cheaper than Glenwood. With a cost index of 50 vs 58, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Pennington to Glenwood should plan for substantially higher expenses across most categories.
On the housing front, median rent in Glenwood is $766/month compared to $376/month in Pennington — a 104% difference. Interestingly, home values tell a different story: while Pennington has cheaper rent, Glenwood actually has lower median home values ($40,000 vs $81,500).
Median household income in Glenwood is $40,114 compared to $28,186 in Pennington (+42.3%). While Glenwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Glenwood spend roughly 22.9% of their income on rent, more than the 16% in Pennington.
Climate-wise, both cities share similar average temperatures (64.5°F vs 64°F). Pennington receives more rainfall at 56.9" per year compared to 54.6" in Glenwood.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)