Looking ahead to the next couple months in Glendale, you're facing a mixed bag of costs that'll impact your wallet differently. The job market remains solid with unemployment holding steady at 3.1% (Bureau of Labor Statistics), while home prices continue their upward climb at 0.8% growth (Federal Reserve data) – meaning if you're thinking about buying, waiting probably won't save you money. Your typical household here earns about $85,700 annually (Census Bureau), which helps offset some costs, but with gas sitting at $3.21 per gallon (AAA reports) and that 26.7-minute average commute (Census Bureau data), you're looking at higher transportation expenses through summer. The real kicker is your electric bill – at 15.76¢ per kWh (EIA data), running your AC in this 88°F weather means monthly bills around $157.60 for average usage, and that rate is trending upward as we head into peak cooling season.
The next two months present some strategic timing opportunities for Glendale residents. With 67% of folks owning their homes here (Census Bureau), most are locked into mortgages and avoiding the rising purchase prices, but renters might want to lock in lease renewals now before summer demand peaks. Personal incomes are growing at 2.1% (Bureau of Economic Analysis), which isn't quite keeping pace with housing costs, so budget carefully for major purchases. The warming weather pattern through summer (NOAA data) means your cooling costs will only climb higher – consider upgrading to efficient appliances or adding shade features now before the real heat hits. With the regional cost index at 94 (below the national average of 100), Glendale remains relatively affordable compared to other metros, but timing your moves right – whether it's signing leases, buying homes, or investing in energy efficiency – can make the difference between comfortable living and feeling squeezed by rising costs.
Sources: NOAA Weather, FRED (Federal Reserve), U.S. Census Bureau, BEA, AAA Gas Prices • Updated August 02, 2025
