Glenwood, IA vs Parkersburg, IA

Parkersburg is moderately more affordable than Glenwood, with a 8.1% lower cost of living index. Glenwood scores 74 compared to 68 for Parkersburg, where the US average is 100. This difference means residents of Glenwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Glenwood is $842/month compared to $695/month in Parkersburg — a 21% difference. Interestingly, home values tell a different story: while Parkersburg has cheaper rent, Glenwood actually has lower median home values ($193,800 vs $200,000).

Median household income in Glenwood is $69,320 compared to $73,482 in Parkersburg (-5.7%). Parkersburg 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 11.3% in Parkersburg.