Housing costs in Spencer?
A typical home costs
$96,700, which is 71.4% less expensive than the national average of
$338,100 and 30.8% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Spencer costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 14.7% cheaper than the state average of
$860.
Can I afford Spencer?
To live comfortably in Spencer, West Virginia, a minimum annual income of
$18,360 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Spencer?
The cost of living in Spencer, WV is fairly low. The median household income in the city is roughly $40,000 - significantly lower than the national average. Costs for housing, utilities, groceries, and healthcare are all below the national average in Spencer. This provides plenty of opportunities for residents to save money on everyday expenses. In addition to being more affordable than most cities, Spencer also offers a variety of job opportunities and amenities that make it a great place to live and work.