Cost of Living in Glenwood, UT

With a cost of living index of 80, Glenwood, UT is a very affordable place to live. Living here is 20% cheaper than the national average and 28% below the Utah state average of 108. Glenwood is a small community of 653 residents.

Housing costs are the biggest factor in Glenwood's cost of living. The median monthly rent is $688 (48% below the US median of $1,319), and the median home value sits at $310,200 (2% above the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Glenwood is $83,333, which is 11% higher than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.