Cost of Living in Glenwood, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
129.3
100 = national avg
+29.3 vs national average
Living Wage (1 Adult)
$56,886
per year
Living Wage (Family of 4)
$134,457
per year
Cost Index by Category
Housing163.8
Food104.6
Transportation119.9
Healthcare103.6
Utilities115.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The overall cost of living index in Glenwood is 129.3, which is 29.3% above the national average. Housing costs are above the national average at an index of 163.8. A single adult needs to earn approximately $56,886 per year to cover basic expenses.