Housing costs in Despard?
A typical home costs
$65,500, which is 80.6% less expensive than the national average of
$338,100 and 53.1% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Despard costs
$550 per month, which is 61.5% cheaper than the national average of
$1,430 and 56.4% cheaper than the state average of
$860.
Can I afford Despard?
To live comfortably in Despard, West Virginia, a minimum annual income of
$12,600 for a family, and
$18,400 for a single person is recommended.
What does A.I. say about Despard?
The cost of living in Despard, WV is relatively low compared to other parts of the state and country. The median home value is approximately $85,000, which is significantly lower than state and national averages. The median household income is also quite low at just over $37,000 per year. Although these numbers suggest a lower standard of living than the national average, it is important to realize that Despard residents enjoy a high quality of life despite the lower cost of living. The small-town atmosphere allows for strong community connection and the scenic Appalachian Mountains provide a beautiful backdrop to everyday life.