Cost of living in Glasgow research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Glasgow is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Glasgow is 84, with 100 being the average.
The cost of living index in Glasgow is 0.8x lower than the national average.
Glasgow ranks as the #12 cheapest in Kentucky out of 85.
Glasgow ranks as the #629 cheapest out of 6,412 in the US.
The median home value in Glasgow is $127,300.
The median income in Glasgow is $38,669.
According to the most recent data on the cost of living, Glasgow has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Kentucky, Glasgow has a cost of living index that's 0.9x lower than Kentucky's index of 94.
The standard of living in Glasgow ranks as #12 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Glasgow ranks as the #73 most expensive place in the Bluegrass State.
For more reading on life in Glasgow, check out:
Six factors go into calculating the cost of living index in Glasgow. Here is how it fairs on each of the criteria:
The Services index in Glasgow is 100.
The Groceries index in Glasgow is 90.
The Health index in Glasgow is 86.
The Housing index in Glasgow is 54.
The Transportation index in Glasgow is 97.
The Utilities index in Glasgow is 103.
Living Expense | Glasgow | Kentucky | National Average | |
---|---|---|---|---|
Overall | 84 | 94 | 100 | |
Services | 100 | 105 | 100 | |
Groceries | 90 | 97 | 100 | |
Health | 86 | 79 | 100 | |
Housing | 54 | 75 | 100 | |
Transportation | 97 | 102 | 100 | |
Utilities | 103 | 106 | 100 |
Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Glasgow is $127,300.
The Median Rent in Glasgow is $766.
The Median Income in Glasgow is $38,669.
The Home Value To Income in Glasgow is 3.3x.
The Rent To Monthly Income in Glasgow is 0.24x.
Statistic | Glasgow | Kentucky | United States |
---|---|---|---|
Median Home Value | $127,300 | $155,100 | $244,900 |
Median Rent | $766 | $826 | $1,163 |
Median Income | $38,669 | $55,454 | $69,021 |
Home Value To Income | 3.3x | 2.8x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Glasgow. Here's a quick look at the cost of living in the most populous nearby places:
Bowling Green, KY has a cost of living index of 93, 1.1x Glasgow.
Elizabethtown, KY has a cost of living index of 98, 1.2x Glasgow.
Portland, TN has a cost of living index of 92, 1.1x Glasgow.
City | Population | Cost Of Living | Vs. Glasgow |
---|---|---|---|
Bowling Green, KY | 71,422 | 93 | 1.1x |
Elizabethtown, KY | 31,066 | 98 | 1.2x |
Portland, TN | 13,031 | 92 | 1.1x |
Campbellsville, KY | 11,345 | 88 | 1.0x |
Franklin, KY | 9,885 | 86 | 1.0x |
Leitchfield, KY | 6,427 | 84 | 1.0x |