Cost of Living in Glencoe, AL: Rent, Income & Home Prices

CheapRent takes 13 cents of every $1 people earn here.

🏠 Rent per month (2026)$77456% lower than U.S. average

💵 Families earn per year (2026)$73,896about $6,158/month · 15% lower than U.S. average

🔑 House price$206,10038% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (81.7%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $30,960 a year. That is $15 an hour at a full-time job.

Is rent cheaper than other Alabama cities?

Yes. Rent here is cheaper than in most of Alabama. It is number 18 of 120 cities from cheapest to most expensive.

Glencoe

$774

$701

$865

$1,065

$1,664

$731

$1,004

How much do households earn in Glencoe?

Under $25k

17.6%

$25k–50k

23.3%

$50k–100k

34.4%

$100k–150k

12.9%

$150k+

8.5%

Share of households by yearly income. 21.4% of households earn $100,000 or more.

Rent by apartment size in Glencoe

Size	Glencoe	U.S. average
2 bedrooms	$698	$1,509
3 bedrooms	$1,224	$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Glencoe overall?

Everyday prices in Alabama overall are 11% below the U.S. average (index 88.8, U.S. = 100).

Housing

Goods (food, clothes…)

Utilities

Other services

U.S. average

100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Glencoe, so the Alabama figure is shown.

Taxes and bills in Glencoe

🏛️ Property tax$765a year · 0.37% of home value · U.S. $3,119

⚡ Electric bill$200a month (typical) · U.S. $156

Life in Glencoe

Commute to work28.2 minU.S.: 26.4 min

College degree24.4%U.S.: 35.7%

Own their home81.7%U.S.: 65.2%

Below poverty line10.6%U.S.: 12.5%

Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Glencoe?

Renting is cheaper right now: about $656 a month less.

Renting

$774

Owning

$1,430

Owning assumes a typical $206,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,610 for the down payment.

Frequently asked questions

What is the average rent in Glencoe, AL?

Renting in Glencoe costs a median of about $774 a month in 2026, including utilities. The Alabama median is $1,175.

How much do I need to make to live in Glencoe?

To keep rent under 30% of income, you need about $30,960 a year, or $15 an hour at a full-time job.

Is Glencoe cheap or expensive?

Glencoe is rated Cheap: rent takes 12.6% of the typical household income of $73,896. It ranks 18th cheapest of 120 Alabama cities we track.

How much are property taxes in Glencoe?

The median homeowner in Glencoe pays $765 a year in property taxes, about 0.37% of the median home value.

Is Glencoe more expensive than the national average?

Overall prices in Alabama are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Glencoe?

The median home value in Glencoe is $206,100, about 2.8 times the typical yearly household income.

5,353 people live in Glencoe. Numbers are typical (middle) values.

Is Glencoe, AL expensive to live in?