Housing costs in Cheat Lake?
A typical home costs
$325,000, which is 3.9% less expensive than the national average of
$338,100 and 132.6% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Cheat Lake costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 17.3% more than the state average of
$860.
Can I afford Cheat Lake?
To live comfortably in Cheat Lake, West Virginia, a minimum annual income of
$62,280 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Cheat Lake?
The cost of living in Cheat Lake, WV is very reasonable and generally lower than the national average. The housing market is especially affordable, with a median home value of $204,500 which is 13% lower than the West Virginia average. The median household income in Cheat Lake is also slightly lower than the West Virginia average at $64,286, making it an attractive option for those on a budget. Overall, with its low cost of living and great quality of life, Cheat Lake offers an ideal place to live for those seeking a more affordable lifestyle.