Cost of Living in Glenwood, WA

With a cost of living index of 80, Glenwood, WA is a very affordable place to live. Living here is 20% cheaper than the national average and 40% below the Washington state average of 119. Glenwood is a small community of 246 residents.

Housing costs are the biggest factor in Glenwood's cost of living. The median monthly rent is $794 (40% below the US median of $1,319), and the median home value sits at $219,400 (28% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Glenwood is $85,833, which is 14% higher than the national median of $75,149. Residents spend roughly 11% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Glenwood. The area sees an average annual temperature of 54.4°F, with summers averaging 72°F and winters around 38°F. Annual rainfall totals 13.7 inches spread over roughly 96 days.

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.