Cost of Living in Glenwood, IN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

83.8

100 = national avg

-16.2 vs national average

Living Wage (1 Adult)

$36,851

per year

Living Wage (Family of 4)

$87,103

per year

Cost Index by Category

Housing
89.6
Food
86.1
Transportation
72.1
Healthcare
88.8
Utilities
89.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$762

per month

2 Bedroom

$956

per month

The overall cost of living index in Glenwood is 83.8, which is 16.2% below the national average. Housing costs are below the national average at an index of 89.6. A single adult needs to earn approximately $36,851 per year to cover basic expenses.