Glenwood, IA vs Lisbon, IA

Glenwood, IA and Lisbon, IA have a very similar cost of living, with only a 2.3% difference in their overall index. Glenwood scores 74 while Lisbon scores 72 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 Glenwood is $842/month compared to $792/month in Lisbon — a 6% difference. Interestingly, home values tell a different story: while Lisbon has cheaper rent, Glenwood actually has lower median home values ($193,800 vs $202,600).

Median household income in Glenwood is $69,320 compared to $83,125 in Lisbon (-16.6%). Lisbon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Glenwood spend roughly 14.6% of their income on rent, more than the 11.4% in Lisbon.