Glenwood, GA vs Morganton, GA

Glenwood, GA and Morganton, GA have a very similar cost of living, with only a 3.1% difference in their overall index. Glenwood scores 68 while Morganton scores 70 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.

Renters will find that Glenwood has a median rent of $327/month while Morganton comes in at $614/month, a 47% difference.

Median household income in Glenwood is $31,250 compared to $68,125 in Morganton (-54.1%). While Morganton 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 12.6% of their income on rent, more than the 10.8% in Morganton.