Fairmont, WV Cost of Living


2 Reviews



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Fairmont cost of living score
77.5
Less expensive
22.5% lower
than the US average
2.4% lower
than the West Virginia average
Fairmont, West Virginia gets a BestPlaces Cost of Living score of 77.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.5% lower than the U.S. average and 2.4% higher than the average for West Virginia.

Fairmont, WV

Housing costs in Fairmont?
A typical home costs $145,900, which is 56.8% less expensive than the national average of $338,100 and 4.4% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Fairmont costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 18.1% more than the state average of $860.

Can I afford Fairmont?
To live comfortably in Fairmont, West Virginia, a minimum annual income of $28,080 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Fairmont?
The cost of living in Fairmont, WV is lower than the national average, making it a great place to live for those looking for an affordable lifestyle. The median home price in Fairmont is just over $85,000 and the median rent was around $650 per month in 2019. Utilities are also affordable with the average electric bill being only $99 per month. Overall, Fairmont offers a great quality of life at a very affordable price point.
   Cost of living score
     CategoriesFairmontWest VirginiaUnited States
  77.579.4100.0
  98.295.8100
  124.2127.0100.0
  42.739.3100.0
  $145,900$139,700$338,100
  86.5%85.9%100.0%
  72.990.1100.0
  104.685.1100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Fairmont
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I find Fairmont to be a pretty good town to raise kids. You get to be a "big fish in a little pond" here. Everyone knows you and looks after you if you want to let them.  More

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Over 13 years ago

This is not so much a comment about where I live, but more of me ,looking for some helpful suggestions. I live in West Virgina, been here all my life. And now I'm  More

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