Cost of Living in Glenwood, MN

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A+
5%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
19%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Glenwood Minnesota National
Cost of living95100100
Groceries100100100
Health care99100100
Housing81100100
Transportation100100100
Utilities106104100
Lifestyle & Entertainment101100100
Household Items102100100
Education & Childcare9999100
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Homes For Sale In Glenwood, MN

property for sale

318 4th Ave NE

Glenwood, MN
property for sale

233 Basswood Trl

Glenwood, MN
property for sale

125 Oak Turnagain Ct

Long Beach, MN
property for sale

16395 SE Amelia Rd

Glenwood, MN
See the Newest Homes For Sale In Glenwood, MN

Cost Of Living Quick Facts

  • The cost of living in Glenwood is 6% lower than the Minnesota average
  • The cost of living in Glenwood is 5% lower than the national average
  • Glenwood housing is 19% lower than the national average
  • Minnesota general sales tax is 35% higher than the national average
  • Minnesota state income tax is 106% higher than the national average

Most Affordable Places to Live in and Around Glenwood

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Compare Glenwood, MN Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$92,212$7,684$2,151$2,767
      Renters$32,800$2,733$765$984

      Minnesota Sales Tax

      State General Sales Tax With Max Surtax
      Minnesota 6.875% 7.875%

      Minnesota Income Tax

      State Income Tax (Low) Income Tax (High)
      Minnesota 5.35% 9.85%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Sedan, MN467920.8%
      Kensington, MN2348316.6%
      Westport, MN468416.4%
      Farwell, MN278613.9%
      West Union, MN838812.3%
      Glenwood, MN2,629955.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Carlisle-Rockledge, AL2,6298712.7%
      Clinton, AR2,6298415.6%
      Crisfield, MD2,629927.5%
      Norway, ME2,629918.8%
      Wilburton, OK2,6298218.2%
      Glenwood, MN2,629955.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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