Housing costs in Glenwood?
A typical home costs
$263,500, which is 22.1% less expensive than the national average of
$338,100 and 35.2% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Glenwood costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 8.8% more than the state average of
$930.
Can I afford Glenwood?
To live comfortably in Glenwood, Iowa, a minimum annual income of
$50,400 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Glenwood?
The cost of living in Glenwood, IA is quite reasonable. The city has a low tax rate which makes goods and services more affordable for residents. The median home price is just over $118,000 and the average cost of rent is around $600 per month. Additionally, groceries, transportation, and utilities are all well below the national average. All together, these factors make Glenwood an attractive option for those looking for an affordable place to live with plenty of amenities.