Cost of Living in Glencoe, MN

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

Cost of Living Overview

Overall Index

100.8

100 = national avg

+0.8 vs national average

Living Wage (1 Adult)

$44,365

per year

Living Wage (Family of 4)

$104,863

per year

Cost Index by Category

Housing
104.9
Food
98.9
Transportation
97.8
Healthcare
99.1
Utilities
100.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$865

per month

2 Bedroom

$999

per month

The overall cost of living index in Glencoe is 100.8, which is 0.8% above the national average. Housing costs are above the national average at an index of 104.9. A single adult needs to earn approximately $44,365 per year to cover basic expenses.