Cost of Living in Glenwood City, WI

With a cost of living index of 86, Glenwood City, WI is a very affordable place to live. Living here is 14% cheaper than the national average and 7% above the Wisconsin state average of 79. Glenwood City is a small community of 1,218 residents.

Housing costs are the biggest factor in Glenwood City's cost of living. The median monthly rent is $1,194 (9% below the US median of $1,319), and the median home value sits at $159,900 (48% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.

The median household income in Glenwood City is $70,833, which is 6% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.