Housing costs in Glenwood?
A typical home costs
$68,900, which is 79.6% less expensive than the national average of
$338,100 and 67.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Glenwood costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 22.1% cheaper than the state average of
$940.
Can I afford Glenwood?
To live comfortably in Glenwood, Alabama, a minimum annual income of
$13,320 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Glenwood?
The cost of living in Glenwood, AL is quite reasonable. It has a low cost of living index that is about 13% lower than the national average. The median home cost in Glenwood is around $79,600, which is much lower than the national average. Additionally, groceries, health care costs and utilities are all below the national averages as well. All of this makes Glenwood an excellent place to live for people on a budget.