Housing costs in Belmont?
A typical home costs
$149,000, which is 55.9% less expensive than the national average of
$338,100 and 6.7% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Belmont costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 13.2% cheaper than the state average of
$860.
Can I afford Belmont?
To live comfortably in Belmont, West Virginia, a minimum annual income of
$28,440 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Belmont?
The cost of living in Belmont, WV is quite reasonable compared to many other parts of the country. The median home value in Belmont is $142,000, which is well below the national average. Additionally, the median household income is around $50,000 and the unemployment rate is just 4.5%. This makes Belmont an attractive option for those looking for a more affordable place to live without sacrificing too much in terms of amenities and economic stability. Groceries, healthcare, transportation, and utilities are all typically lower than national averages as well. All-in-all, Belmont offers an excellent quality of life for a very reasonable cost of living.